Jun 20, 2020

5 tower complex to Port City from China Featured

CHEC Port City Colombo (Pvt) Ltd, a Chinese company has reportedly come forward to build a large complex with five towers.

The new complex will be built on a 6.8 hectare land inside the port city.

It is said that the value of the construction is USD 1 billion.

The building is to be completed in 8 years in 2 stages as 4 years per stage.

It is planned to invest USD 400 million in the first phase and USD 600 million in the second phase.

The Ministry of Investment Promotionsays that this is the largest rapid development project with such a big investment.