Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Global architecture firm SOM to construct International Financial City Building Complex in Sri Lanka's Colombo Port City
Wed, Dec 20, 2017, 08:33 pm SL Time, ColomboPage News Desk, Sri Lanka.

Dec 20, Colombo: Sri Lanka has chosen U.S. based Skidmore, Owings & Merrill LLP (SOM), one of the largest global architecture firms, to construct the Colombo International Financial City Building Complex in Colombo Port City.

Sri Lanka's China-funded US$ 1.4 billion real estate development, Port City project has now completed 50 percent of the land reclamation out of the proposed 269 hectares of land and the construction of the International Financial City Building Complex is slated to commence in the second half of 2018.

The necessary infrastructure development plans have been prepared for the project and the Environmental Impact Assessment is now open to public comments.

An international competition was held to select the design plan for the proposed building complex and accordingly, U.S. based Skidmore Owings & Merrill (SOM) has been assigned the task.

The proposed investment for the project is US$ 1 billion.

It was decided to sign a Memorandum of Understanding (MoU) between China Harbour Engineering Corporation, Ministry of Megapolis and Western Development, and Colombo Port City Private Company for enabling the investment amount to be obtained as a foreign direct investment.

The cabinet of ministers has approved the proposal put forward by the Minister of Megapolis and Western Development Patali Champika Ranawaka to sign the MoU.


ColomboPage - Recent 10 Stories ::
India assists Sri Lanka in sanitation sector project
-- [7 minutes ago]
Lanka Sathosa earns profits this year compared to losses last year
-- [6 hours ago]
Indian authorities in Rameswaram seize 304 kg of ganja bound for Sri Lanka
-- [7 hours ago]
Sri Lanka, Georgia leaders discuss strengthening bilateral ties in every aspect
-- [7 hours ago]
First ever International Mental Health Nursing Conference in Sri Lanka begins today
-- [8 hours ago]
46 teams compete for top honors at CSE Masterminds 2018
Commercial Bank introduces Flash - Sri Lanka's first fully-fledged Digital Bank Account
Prime Minister assures national security is top priority
US, Sri Lanka navies Joint Combined Exchange Training (JCET) exercise begins in Trincomalee
Second stage of Suvaseriya Ambulance Service to be launched nationwide in Jaffna on 21st

Copyright © 2000, 2016 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.