Colombo Port City Project - Phase 1 - Details on ZAWYA UAE Edition
added on: 25 June 2018

Colombo Port City Project - Phase 1

Also known as: Sri Lanka Port City Colombo Phase 1, CIFC Phase 1
Ongoing

Background

Sri Lanka Ports Authority planed to develop Colombo Port City Project - Phase 1 in the southern coastal waters of Container Terminal of Colombo Port, Colombo, Sri Lanka. The BOOT/PPP developer of the project was CHEC Port City Colombo (Pvt) Ltd, a subsidiary of China Harbour Engineering Co Ltd. Government of Sri Lanka was responsible for providing approval to study, the construction of marine area, and municipal infrastructure. The master plan consultancy was Sweco AB. The municipal design consultancy was Atkins Global. The construction supervision consultant was Central Engineering Consultancy Bureau. The legal adviser was Colombo Law Alliance. The Phase 1 project would developed in a typical Public-private partnership (PPP) mode and covered the construction of a land reclamation of 269 hectares from the sea. 178 hectares of the reclamation was planned to be developed into commercial land including the Financial District, Central Park Living, Island Living and construction of the majority of medium rise to low rise buildings. Phase 1 would also construct a 2000 meters length canal and a breakwater with the length of 3245 meters. After the completion of the project, it would transform Colombo into a International Financial Center. The port city would contain integrated development in financial business, retail, residence, healthcare, education, leisure and entertainment. Project was located in the city along Belt and Road and co-developed by local government of Chinese companies. It was also emblematic of China’s strategy of developing a maritime Silk Road from Asia to Europe.
Country
Sub-Sector
Mixed-Use
Facility Type
Mixed-Use Development
Project Type

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