Lak Arcade to operate novelty gift and souvenir shop at Port City Colombo

From left: CHEC Port City Colombo Senior Executive Shany Perera, Lak Arcade COO Ajith Perera, CIFC Senior Vice President Suen Wenbin, Lak Arcade Managing Director/CEO Anil Koswatte and Digital Marketing Manager Lahiru Gunasekera

Lak Arcade Ltd. and CHEC Port City Colombo Ltd., yesterday announced that they have signed an agreement to operate a novelty gift and souvenir shop at the proposed Downtown Duty Free Facility of the Port City Colombo. 

It was signed by CIFC Senior Vice President Suen Wenbin and Lak Arcade Chief Executive Officer/Managing Director Anil Koswatte.

The agreement marks a significant milestone for both companies, as it will allow Lak Arcade to expand its business into the duty free market and for Port City Colombo to offer its visitors a unique shopping experience. The shop will be located in the heart of the Downtown Duty Free Facility and will offer a wide range of novelty gifts and souvenirs from Sri Lanka.

“We are delighted to partner with Lak Arcade to operate this novelty gift and souvenir shop,” said Suen Wenbin. “Lak Arcade is a well-respected company with a long history of providing high-quality products and services. We are confident that they will create a unique and memorable shopping experience for our visitors.”

“We are excited to be a part of the Port City Colombo project,” said Anil Koswatte. “This is a great opportunity for us to expand our business and to offer our products to a wider audience. We look forward to working with Port City Colombo to create a world-class shopping experience for visitors to the city.” The novelty gift and souvenir shop is expected to open in fourth quarter of 2023.