Port City to be major financial hub Ranil

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By 2018-01-03

Prime Minister Ranil Wickremesinghe, who undertook an inspection tour of the Colombo Port City premises yesterday (2), said that it will be turned into the country's major financial hub in due course.

He said that the Port City will be turned into both, a financial and commercial hub facilitating trade in the Indian Ocean and work will be completed in such a manner where all citizens could feel truly proud of it.

The Premier stated that the work at the Port City was entrusted to the firm China Harbour on a 99-year lease and the onus was on Sri Lanka to reap its benefits in the years to come.

Wickremesinghe noted that around 200,000 persons could directly earn a livelihood once the Port City concept is concluded.

He assured that the Port City will be constructed in such a manner as to equal the standards of countries such as Singapore and those in Europe.

The Prime Minister hoped that by 2020 all work related to the construction of the Port City could be completed without a hitch.

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