Agreements inked for Downtown Duty Free | Sunday Observer

Agreements inked for Downtown Duty Free

28 May, 2023


Singapore-owned One World Duty Free (ODF) and the Colombo Port City Economic Commission (Commission) have signed two agreements to operate Sri Lanka’s first-ever downtown duty-free store at Port City.

The partnership was underscored with the formalisation of two critical agreements an Authorised Person Agreement between ODF and the Commission and a lease agreement between ODF and CHEC Port City Colombo (Pvt) Ltd (CPCC). These agreements, embodying their shared vision, lay the groundwork for ODF to transform Port City Colombo into an eminent global duty-free retail hub.