š Six Firms Granted Strategic Status in Colombo Port City
The Cabinet of Ministers has approved "Business of Strategic Importance" status for six companies within the Colombo Port City, signaling a push for high-value service exports and specialized technology. ⢠Investment & Employment: The projects are projected to attract US$ 14.6 million in Foreign Direct Investment (FDI) over the next five years and create approximately 650 new jobs. ⢠Sector Diversification: The approved firms will operate across key growth areas including: IT & maritime technology (Dijital Team LK, VitalHub Innovations Lab, Ocean Builders) Logistics & consultancy (Advantis Bridge, Welvaart Solutions) Public utilities & infrastructure (Java Global Access Platform) ⢠Strategic Context: This move follows a significant investment surge where the Port City secured US$ 900 million between November 2025 and March 2026. The zone continues to offer 100% foreign ownership and tax incentives to position Sri Lanka as a regional hub for ICT/BPM and professional services. ⢠Status: Approved by the Cabinet under the Colombo Port City Economic Commission Act; based on official government disclosures.