"CHEC" plans the the development of the Port City Colombo Master plan that will include 5 different zones made up of the Financial District, Central Park Living, Island Living, The Marina and the International Island. The project will be built in 2 phases. The first phase will include the Financial District, Central Park Living, and Island Living, as well as build a Foreign Direct Investment, implement infrastructure, and landscape, and the construction of the majority of medium rise to low rise buildings. The second phase will be development which will cover 58% of land area towards the offshore breakwater. Main construction activities will be the implementation of infrastructure including services, roads and landscaping and the construction of low rise, medium-rise, and high-rise buildings.