Monday, 4 April 2011

Sri Lanka to construct new Colombo Port City at a cost of US$ 300 million

Under a presidential directive, the Sri Lankan government is to reclaim between 300-400 acres of sea land between the Colombo South Port Development project and the Galle Face Green in order to build a Port City at a cost of US$ 300 million.
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.


(Source: Colombopage)

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