Port City Colombo Secures US$ 300 Mn FDI for Phase II 📈

CHEC Port City Colombo (Pvt) Ltd has officially committed US$ 300 Million in Foreign Direct Investment (FDI) to initiate Phase II of the project. This infusion marks a significant milestone for Sri Lanka’s largest urban development initiative at the start of 2026. • Investment Impact: The funds are dedicated to developing core infrastructure and utilities within the Special Economic Zone (SEZ), aiming to catalyze enterprise formation and high-value services. • Economic Significance: This commitment reinforces confidence in Sri Lanka’s economic recovery, strengthening national FDI inflows and supporting large-scale employment across the construction and service sectors. • Strategic Vision: Positioned as a "generational project," Phase II focuses on long-term growth and positioning the real estate and infrastructure sector as a strategic platform for globally-oriented trade. _Note: Based on official developer commitment data as of January 2026._ ---