Port City Colombo Partners with OREL IT to Boost Digital Infrastructure 📈

• Strategic Partnership: CHEC Port City Colombo and OREL IT have signed an agreement to strengthen the technology backbone of the Special Economic Zone (SEZ), positioning it as a globally competitive ICT/BPM and financial hub. • Service Scope: OREL IT, named the "Preferred Ecosystem Partner," will provide enterprise-grade solutions including Artificial Intelligence, cybersecurity, cloud technologies, and managed services to companies registered under the Colombo Port City Economic Commission (CPCEC). • Infrastructure Development: The partnership outlines plans to accelerate a state-of-the-art data centre within the 269-hectare reclaimed land area to support high-growth digital enterprises. • Operational Momentum: Total Companies: 220 applications received; 146 licensed and operational. Strategic Impact: 27 firms approved as Businesses of Strategic Importance (BSI), qualifying for fiscal incentives. Real Estate: 8 land parcels leased, with 5 additional parcels under active discussion. • Economic Context: This collaboration aims to enhance Sri Lanka’s appeal for foreign direct investment by providing a "future-ready" digital environment for international businesses.