This was made official through the Gazette Notification <2394/66 and 2394/67> dated 26th July 2024.

Being yet another key milestone in the project’s dynamic forward momentum this year, the offshore banking regulations underscore Port City Colombo’s readiness for operationalised business activity and emergence as a regional offshore financial centre in the South Asian region.

, Xiong Hongfeng, Managing Director, CHEC Port City Colombo (Pvt) Ltd said, “. Being a core set of regulations that will form the underlying foundation for Port City Colombo’s progressive business-friendly environment.

This milestone will further strengthen global investor confidence and promote the increase of FDI inflows into the Sri Lankan economy