In The Press
Port City Colombo to welcome 2020 with captivating fireworks display
Port City Colombo is set to light up the skies again to welcome the New Year, after its memorable fireworks display on 7 December when Port City Colombo celebrated being a part of Sri Lanka.
The occasion was also marked by presenting Prime Minister Mahinda Rajapaksa with a commemorative stamp and First Day Cover of Port City Colombo.
With the fireworks display gaining much admiration, Port City Colombo will organise yet another spectacular display to ring in the New Year on the night of 31 December curated by Sri Lankan experts in the industry at the Port City Colombo site.
The fireworks can be best viewed from Galle Face Green and its surrounding locale. The Colombo Municipal Council also joins hands with Port City Colombo this time to celebrate and welcome it to Colombo Municipal city limits.
A world-class city for South Asia in the making, Port City Colombo sits on 269 hectares of land reclaimed from the sea and declared as a part of the Colombo Administrative District under the Administrative Districts Act No. 22 of 1955 on 5 August 2019.
Former President Maithripala Sirisena also vested the reclaimed land under the authority of the UDA, whereas all development activities in the Port City land are subject to the regulations and supervision of the UDA.
Committed as a catalyst for future development and investment growth in Sri Lanka, Port City Colombo also plays a role as a responsible corporate citizen by organizing several events together with its associated communities
Heralding the New Year, Port City Colombo will be distributing 500 school bags for children of fisher families registered with the 14 fishery associations in Wattala and Uswetakeiyawa areas. Christmas celebrations organised by the fishery associations will also be financially supported by Port City Colombo, as a part of its CSR activities.
In addition, during the sand dredging stage, Port City Colombo allocated a budget of Rs. 500 million to the Fishermen Livelihood Support Program dedicated to improving the livelihoods and welfare of fishing communities.
Despite the end of the sand dredging activity in January 2019, the Fishermen Livelihood Support Program was extended to another six months and concluded in June.
Due to the success of this program and continuous requests from the fishing communities, Port City Colombo allocated another Rs. 10 million to continue its support of identified requirements of communities.
With the latest financial support, a number of common beneficiary programs such as fishery anchorage development, beacon lights installation and sludge gate installation will be initiated by Port City Colombo along the Wattala to Negombo coastline.
Built to ensure the future prospects of the next generation, Port City Colombo is considered the most futuristic project in Sri Lanka at present.
Port City Colombo is a brand new city development built as an extension of the existing Colombo CBD, with an initial investment of $ 1.4 billion and an expected $ 15 billion overall investment when completed. Spanning 269 hectares, it is a sea reclamation project connected to the current central business district.
Port City Colombo is made up of five precincts- a financial district, central park living, international island, the marina and island living.
When completed, Port City Colombo is estimated to have 5.7 million square metres of built space, boasting some of the best in design in terms of grade A offices, medical facilities, educational facilities, an integrated resort, a marina, retail destinations, hotels and other lifestyle developments. Using the latest sustainable city design and smart city concepts, Port City Colombo will be the hub of South Asia.
CHEC Port City Colombo Ltd. through China Harbour Engineering Company (CHEC) is a part of China Communications Construction Company Limited (CCCC). Incorporated in 2006, CCCC is listed on the Hong Kong and Shanghai Stock Exchanges, and currently employs over 120,000 individuals, with a presence in 145 countries and regions.
CCCC is the world leader in port design and construction, road and bridge design and construction, dredging, and container crane and heavy machinery manufacturing. In addition, CCCC is a leading player in building construction, and a major real estate investor and developer.
For the financial year ending December 2017, CCCC recorded revenue of $ 79.4 billion, with total assets of $ 183 billion. CCCC was ranked 91st among Fortune 500 companies in 2018 and third on the ENR Top International Contractor in 2018. Among the illustrious accomplishments, CCCC is proud to have designed five out of 10 of the world’s largest container terminals and cross-sea bridges.
CCCC has been actively involved with developments in Sri Lanka since 1998, executing massive construction projects such as the Southern Highway, Outer Circular Highway, Hambantota Port, Mattala International Airport, Colombo South Container Terminal and many other major infrastructure projects.