Port City Colombo’s Financial Landscape to be led by HNB as an Authorised Bank
Becomes one of the first banks granted an Authorised Person Licence to operate in the Colombo Port City Special Economic Zone
Geared to provide integrated, state of the art, customised banking solutions
Commits to providing end-to-end facilitation of financial needs for business operating in Port City Colombo
Breaking new ground on the nation’s economic revival, Sri Lanka’s leading private sector bank, HNB PLC became one of the first bank’s to be granted an Authoriced Person (AP) Licence to operate within the Colombo Port City Special Economic Zone (SEZ)
Port City Colombo is a master planned city designed with smart city concepts. The city has been positioned as the regions modern service hub and financial centre of the future providing the highest quality in commercial, lifestyle and living opportunities. It has been designed with five unique precincts which are Island living, Central Park living, The Marina, International Island and the Financial District.
Port City Colombo spans a total land area of 269HA which is an extension of Colombo’s Central Business District and has a total built up area of 6.4Mn SQM. The expected population in the City is 273,000 people, creating 143,000 new jobs and total expected investment is USD15Bn. Approved by Sri Lanka’s Parliament, the Port City
Commission Bill sets the stage for a transformative Colombo Port City Special Economic Zone, offering tax exemptions for up to 25 years—a compelling reason for international businesses to migrate their operations paving the way to attract milestone investment and global talent to complete the nation’s economic resurgence.