📈 Sri Lanka Pivots to Long-Term Growth via Port City Colombo

Presidential Special Envoy Hanif Yusoof reaffirmed Sri Lanka’s transition from crisis management to economic transformation during a live broadcast on Channel News Asia (CNA) today. • Strategic Vision: Port City Colombo is positioned as a South Asian gateway, transitioning from a real estate venture to an export-oriented, services-led economic platform. • Investment Credentials: Secured a US$ 300 Mn FDI commitment for Phase II development in early 2026. The SEZ currently hosts 146 registered enterprises. • Priority Sectors: Focus is shifting toward high-value ICT & digital exports, financial services, logistics, and regional headquarters operations to diversify the economy beyond traditional sectors. • Economic Stability: Recovery is supported by institutional reforms and fiscal discipline, with foreign reserves recently surpassing US$ 6 Bn. • Regional Connectivity: Leveraging strategic maritime routes to attract global capital seeking a stable, rules-based environment in South Asia.