President Chen Fenjian Inaugurated Colombo Port City Project
source: Author: Date: 2014-09-16 Font size: [large medium small]


On September 15, President Chen Fenjian of CCCC inspected CHEC Sri Lanka Regional Company and inaugurated Colombo Port City Project. Chang Yunbo – Deputy GM of CCCC Overseas Business Department, Tang Qiaoliang – Vice President of CHEC and relevant leaders of the cooperation units within the Group were also present.

After the inauguration ceremony, Mr. Chen Fenjian listened to the work report of the regional company and Colombo Port City Project company, fully affirmed the remarkable achievements they made in the past and evaluated the regional company as an advanced example of CCCC overseas offices. For the next-step work of Colombo Port City Project, he came up with several specific requirements.

Colombo Port City Project is jointly developed by CCCC, a large Chinese transnational state-owned enterprise, and Sri Lanka Port Authority. The project is located at Colombo CBD center with a planned construction scale of over 5.3 million square meters; the first stage of investment amount is USD 1.4 billion and it is expected that it will attract a follow-up investment of USD 13 billion. It is a super-large comprehensive investment project integrating infrastructure, first-grade land development and real estate industry as a whole, and also the largest foreign investment project in Sri Lanka. The development of Colombo Port City Project will meet the expansion demand of Colombo for CBD; and Colombo Port City Project will become an economic growth pole of Sri Lanka, enhance the international status and competitiveness of Sri Lanka in South Asia, and promote Colombo to be the business center of South Asia, the business center of the Maritime Silk Road and the global tourism and leisure center.

It is learned that President of China and President of Sri Lanka will attend the opening and foundation-stone laying ceremony of Colombo Port City Project on September 17.

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