In The Press

UAE royalty-led investor delegation visits Port City Colombo


A delegation of investors from the United Arab Emirates (UAE), led by His Royal Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, visited Port City Colombo (PCC) on January 14, 2023, during a special visit to Sri Lanka for the purpose.

.Discussions were held between the members of the delegation, representatives from the Colombo Port City Economic Commission (Commission) and PCC, with a view to attracting foreign direct investments to the project.The delegation was given a comprehensive overview of PCC’s development and plans for the future, which the delegation commended, followed by a tour of PCC Marina.

PCC is a large-scale development project covering an area of 269 hectares of reclaimed land. It aims to serve as a new economic hub for the country, offering a range of commercial and residential opportunities. The project is expected to bring significant economic benefits to Sri Lanka, including job creation and increased foreign investment.

Expressing his views on the visit and the progress of discussions, CHEC Port City Colombo (Private) Limited Deputy Managing Director Thulci Aluwihare said, “We’re very pleased to have had the opportunity to host this delegation, led by His Royal Highness and showcase the potential of the PCC development project. This visit is a clear indication of the growing interest in what we have to offer and we look forward to welcoming more investors and partners in the future. We are also anticipating the PCC Duty-Free Shopping Complex to open on schedule by April 2023.

”The UAE delegation also included Luke Sellwood – Advisor to His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum and Ivan Shkarba – partner and investor in efiscal, who also invests with His Highness in other business opportunities, Jekaterina Kamilov – Personal Assistant to Ivan Shkarba, Damir Makhmutov – Vice President International Expansion at efiscal, Rahmy Morcos – Director of Ska Group, Mustafa Usman Aripandhra – Business Development Manager of His Highness and Dr. Siddeek Ahamed – Chairman and Managing Director, Eram Group – UAE and Saudi Arabia.

The UAE delegation was received, on behalf of the commission, Revan Wickramasuriya – Director Financial Services and Compliance, Vindhya Weerasekera – Director Legal and Corporate Affairs, Dimantha Kinigama – Director Commercial and Operations and Dhanya Gunawardana – Head of Branding and Communications and on behalf of CHEC Port City Colombo (Private) Limited, by Thulci Aluwihare – Deputy Managing Director, Eric Ou – Assistant Managing Director, Dr. Joe Lekplipol – Regional Head of Investment Promotion (Indochina Peninsula), Radika Obeyesekere – Director Investment Promotion and Marketing, Shalaka Wijeyaratne, Executive Director – Investment Promotion and Marketing, Nisal Karunapala – Manager – Strategy and Transaction Services and Shane Amadoru – Regional Manager Investment Promotion and Marketing (Middle East).