Seminar on Port City Colombo Commission Bill on 4 May

A seminar on the new Port City Colombo Commission Bill: Special Economic Zone (SEZ) will be held on 4 May at the Cinnamon Lakeside Hotel Colombo from 2 p.m. onwards at the Cinnamon Lakeside. 

Organisers Asian Pathfinder Legal Consultancy and Drafting Services said the Cabinet of Ministers approved the Port City Commission Bill which paves the way for the President to gazette and present the legislation before Parliament. 

After the House approval, the Port City will be able to attract investment and function as a specialised economic centre for subcontinent and Southeast Asia. The proposed legislation will outline the legal, tax, regulatory, and dispute resolution mechanism and the exemptions given to investors of Port City. 

A high-powered 5-7 member Colombo Port City Economic Commission, with adequate powers at its disposal, will function as a Single Window Investment Facilitator in relation to the grant of any registration, license, authorisation or approval for business entities in the Special Economic Zone (SEZ).  

Speakers and topics for discussion at the seminar are as follows.

nIntroduction to the new Port City and the benefit to the economy by Colombo Port City CHEC Assistant Managing Director Thulci Aluwihare

• Salient features of the new proposed legislature and its legal implications for Sri Lankan businesses by Dr. Asanga Gunawansa P.C. Ph.D. (NUS) 
• Contractual issues in foreign investment transactions and One Belt One Road Initiative and Legal Impediments by Dr. D.C. Jayasuriya PC

The seminar will be moderated by Malik Cader Attorney-At-Law, Solicitor UK. 

The seminar is meant for foreign investors, commercial heads of diplomatic missions, heads and management of blue chip companies, banks, real estate companies, importers, exporters, finance companies, freight forwarders, stock brokers, accountants, lawyers, financial market regulators.  

This seminar will focus and provide clarity on issues on its opportunities, legal implications and contractual issues. For registration, details contact, 

Lara: +94 77 071 5595 

James: +94 70 642 0642