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.

All labels observed (3)

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf land reclamation project
special economic zone
urban development project
adjacentTo Colombo Harbour
Galle Face Green
area approximately 269 hectares
approximately 660 acres
associatedWith Belt and Road Initiative
constructionResumed 2016
constructionSuspended 2015
constructionType land reclamation
country Sri Lanka
criticizedFor debt sustainability concerns
environmental impact concerns
sovereignty concerns
developedBy China Harbour Engineering Company
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
governedBy Colombo Port City Economic Commission Act
hasGoverningBody Colombo Port City Economic Commission
legalFrameworkEnacted 2021
locatedIn Colombo
locatedInBodyOfWater Indian Ocean
locatedOffCoastOf Colombo
nearbyInfrastructure Colombo International Financial City (planned)
partnerGovernment Government of Sri Lanka
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
zoning central park zone
financial district zone
international island zone
marina zone
residential zone

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Galle Face Green adjacentTo Colombo Port City development
Katunayake hasRoadLinkTo Colombo Port City region
linked to: Colombo Port City development
Colombo Port City development nearbyInfrastructure Colombo International Financial City (planned)
linked to: Colombo Port City development