Jun 07, 2022

40-yr tax incentives for Port City investors

Cabinet approval has been granted to provide 40-year special tax incentives to investors of the Colombo Port City project, in order to boost Foreign Direct Investments (FDIs).

Speaking during the Cabinet briefing held earlier today (07), minister Bandula Gunawardana told journalists that it is important to offer appealing tax incentives to lure FDIs.