After the Port City was renamed as Colombo Financial City and launched in Dubai, UAE, four investors from a Chinese company arrived in Sri Lanka yesterday as the first investor to invest in it.
The team of CZK Huarui International Culture and Art (Beijing), a semi-state company in China, is led by its General Manager Sophia Li.
This group of investors arrived in Sri Lanka based on the agreements and MoUs reached with the Sri Lanka Board of Investment (BOI) and the Sri Lanka Ministry of Investment Promotion following the recent visit of Investment Promotion State Minister Dilum Amunugama.
They have planned to establish a gem museum, an affiliated gem testing laboratory and a gem auction center in the financial city of Colombo at a cost of US$ 50 million.
In addition, they have planned to invest another 150 million US dollars to establish an electric vehicle assembly factory under the Sri Lanka Board of Investment.
State Minister Amunugama has prepared arrangements to give the necessary approval for all these investment projects within seven days.
This group of investors arrived from Kunming, China at 08.30 pm yesterday and they were welcomed by BOI Deputy Director Manoj Casseer, Board Director Ranjith Dharmasiri and a group of officials at the Katunayake Airport.
