Port city legislation to be presented to Cabinet shortly

Non-Cabinet Minister of Economic Reforms and Public Distribution Harsha De Silva said that the legislation pertaining to the Colombo Port City will be presented to the Cabinet within the next few weeks.

He also said that the legislation will expedite the process of promoting the Port City as an ocean-metropolis of finance, technology, tourism and real state.

Minister De Silva made these observations participating in the debate on Sri Lanka Land Reclamation and Development Corporation Bill in Parliament yesterday (19).

De Silva observed that the project had to face some delays due to certain changes requested by the present government to the Port City agreement with its international counterpart.

“When we took over, the previous government had agreed to outright sell 50 acres of land belonging to the Chinese company. Since we wanted to change the agreement we had to take our time,” he added.

The minister also said that the government is in no way ready to sell any land to foreign countries.

Speaking on the Sri Lanka Land Reclamation and Development Corporation Bill, Minister De Silva said that the government institutions have strong visions but the government officers do not share the same vision.

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