Oct 26, Colombo: The Sri Lankan government plans to set up a separate department to manage the proposed new port city in the sea off the Galle Face Green in downtown Colombo.
Under a presidential directive, the Sri Lankan government plans to reclaim between 300-400 hectares of sea between the Colombo South Port and the Galle Face Green in order to build a port city at an estimated cost of US$ 300 million.
Senior urban planners have reportedly explained to the government that new rules and regulations would be required to set up the new city.
The management of the new city according to the local media would not be vested with the Urban Development Authority (UDA) since new laws need to be drafted on the limits of the elevations of buildings and constructions of roads.
The government has therefore decided to set up a new department to manage the new city.
The proposed offshore city, to be divided into three segments- business, residential and leisure, will be developed into a modern city with high rises, hotels, residential apartments, shopping malls, and other space to cater to the public needs.