The Sri Lanka-Canada Business Council (SLCBC) of the Ceylon Chamber of Commerce hosted a webinar recently on the Colombo Port City and the Cinnamon Life property development project offering potential investors an opportunity to gain investor insights into the two projects.
Senior executives representing the two projects presented the features, strategic growth plans and early-bird investment insights to an international audience at the webinar, furthering the SLCBC’s efforts to promote bilateral trade, investment and technology transfer between Sri Lanka and Canada by highlighting Sri Lanka’s emergence as a globally attractive investment destination.
Manager of Strategy and Business Development of Port City, Colombo, Nabiha Mohamed appraised participants of the opportunities in hospitality and tourism, ICT/BPM, maritime and logistics and financial services as FDI drivers, as well as the benefits of the Port City Act which would enhance the ease of doing business and prioritise FDIs.
Head of Corporate Affairs at John Keells Holdings and Vice President, Marketing of Cinnamon Hotels, Dileep Mudadeniya outlined one of the biggest private-sector mixed-development investment projects – Cinnamon Life - comprising what will be one of Sri Lanka’s largest hotels, and office and residential spaces. With a focal point on boosting city tourism, while contributing to the development of peripheral sectors, the project has already attracted high levels of global investor interest, he added.