Colombo Port City-Forum on insights into Port Development 2014 and beyond

Monday, 6 January 2014 00:00 - - {{hitsCtrl.values.hits}}

Positioning to be a part of South Asia’s emerging consumer and manufacturing market The Shippers’ Academy Colombo (SAC) in partnership of Sri Lanka Apparel Exporters Association (SLAEA) have organised an interactive forum with the Sri Lanka Ports Authority (SLPA) Chairman to educate the investor community and industry on the development projects and discuss the plan of the SLPA beyond 2014.

Among the key issues that will be presented, would be the Colombo Port City development project, which covers 565 acres of reclaimed land in front of the new south harbour where investments are expected to be over $ 15 billion in the coming decade. The project is set to transform the landscape of the city of Colombo and is considered to be South Asia’s most modern metropolis and the logistics and commercial hub. The Sri Lanka Ports Authority Chairman will make the presentation and discuss the plans where the industry could gather information as well as understand opportunities available to the private sector with the development projects. The Port City will have major real estate opportunities, as well as provide international investors with attractive benefits, to locate in the island nation as it emerges as a mega regional port city hub. The forum will also discuss various plans in the port sector itself, led by the developments of port of Colombo, Hambantota and other regional ports of the country. The commercial hub regulations which has declared free ports in Sri Lanka will provide new opportunities for logistics, shipping, export/manufacturing industry and other investors to operate in a new environment where they can set up regional distribution centres, headquarter operations under a very friendly investment regime along with a liberal trading environment. SLPA Chairman Dr. Wickrama will also discuss the Sri Lanka Ports Authority’s 2020 vision and give insights other developments in port related industry which would include new infrastructure, dry ports, equipment, railway and trucking plans for the future. The forum is targeted towards investors, investors, real estate companies, banks, shipping and logistics companies, exporters, persons involved in international trade, consultants, lawyers, mercantile establishments and any other interested parties. The forum will be held on 16 January 2014 at the Sri Lanka Foundation from 4:30 p.m. The organisers request interested parties to register through the Shippers’ Academy Colombo- 011 356844/0773820703/[email protected] or the Sri Lanka Apparel Exporters Association on 011 2675050/0112674528/[email protected].