Japanese Embassy briefed on Port City Colombo’s investment prospects

Thursday, 13 October 2022 01:34 - - {{hitsCtrl.values.hits}}

Colombo Port City Economic Commission (CPCEC) Chairman Dinesh Weerakkody and senior officials from Port City Colombo briefed Embassy of Japan Deputy Head of Mission Katsuki Kotaro on the prospects of investment in Port City Colombo recently.

The discussion was held to foster a deeper understanding of the situation regarding Port City Colombo that would in turn facilitate understanding on the side of potential Japanese investors to invest in Port City Colombo.

This is part of the investment promotion strategy of Port City Colombo amongst the international business investors who seek free and open business enclaves in the region with multiple location advantages.

As the Asia Region continues to attract increased global capital inflows, expand its markets, simulate a growing high-income class, and sustain the higher growth momentum, Port City Colombo offers beyond a geographical advantage, with fiscal and non-fiscal incentives for ease of doing business.

Port City Colombo endeavours to offer a ‘One-Stop-Shop’ Service Centre, with far-reaching tax and regulatory incentives, free trade facility, forex and banking ring-fencing, an open labour market and a very attractive living environment focused on green and smart living.