Colombo Port City development
E549061
Colombo Port City development is a large-scale, Chinese-funded land reclamation and urban development project off the coast of Colombo, Sri Lanka, intended to create a new financial and commercial hub.
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
land reclamation project
ⓘ
special economic zone ⓘ urban development project ⓘ |
| adjacentTo |
Colombo Harbour
NERFINISHED
ⓘ
Galle Face Green NERFINISHED ⓘ |
| area |
approximately 269 hectares
ⓘ
approximately 660 acres ⓘ |
| associatedWith | Belt and Road Initiative NERFINISHED ⓘ |
| constructionResumed | 2016 ⓘ |
| constructionSuspended | 2015 ⓘ |
| constructionType | land reclamation ⓘ |
| country | Sri Lanka ⓘ |
| criticizedFor |
debt sustainability concerns
ⓘ
environmental impact concerns ⓘ sovereignty concerns ⓘ |
| developedBy | China Harbour Engineering Company NERFINISHED ⓘ |
| economicIncentives |
duty-free benefits
ⓘ
relaxed foreign ownership rules ⓘ tax concessions ⓘ |
| features |
commercial areas
ⓘ
financial district ⓘ marina ⓘ parks and public spaces ⓘ residential areas ⓘ transport infrastructure ⓘ |
| fundedBy |
Chinese investors
ⓘ
Government of China NERFINISHED ⓘ |
| governedBy | Colombo Port City Economic Commission Act NERFINISHED ⓘ |
| hasGoverningBody | Colombo Port City Economic Commission NERFINISHED ⓘ |
| legalFrameworkEnacted | 2021 ⓘ |
| locatedIn | Colombo NERFINISHED ⓘ |
| locatedInBodyOfWater | Indian Ocean NERFINISHED ⓘ |
| locatedOffCoastOf | Colombo NERFINISHED ⓘ |
| nearbyInfrastructure | Colombo International Financial City (planned) NERFINISHED ⓘ |
| partnerGovernment | Government of Sri Lanka NERFINISHED ⓘ |
| plannedLandUse | mixed-use development ⓘ |
| plannedPrimaryUse |
international financial services
ⓘ
regional corporate headquarters ⓘ |
| purpose |
attract foreign investment
ⓘ
create new commercial hub ⓘ create new financial hub ⓘ position Colombo as regional financial center ⓘ |
| reclaimedFrom | sea ⓘ |
| startDate | 2014 ⓘ |
| strategicPartnerCountry | China NERFINISHED ⓘ |
| zoning |
central park zone
ⓘ
financial district zone ⓘ international island zone ⓘ marina zone ⓘ residential zone ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.