Stories
CREDAI Chennai Explores Port City Colombo Opportunities for Real Estate Developers
- •CREDAI Chennai hosted an interaction with Port City Colombo representatives to introduce members to the world-class development and its opportunities.
- •The initiative allowed CREDAI Chennai members to understand Port City Colombo's development framework and potential interests for real estate developers and allied industry professionals.
- •Chennai's strategic location and strong commercial and cultural ties with Sri Lanka make this interaction particularly relevant for exploring regional market opportunities.
- •Mr. Thiru A.R. Rahul Nadh, IAS, Member Secretary, Chennai Metropolitan Development Authority (CMDA), attended as a distinguished guest.
- •Port City Colombo is a master-planned city envisioned as a world-class international business and lifestyle hub, spanning 269 hectares and operating as Sri Lanka’s first foreign currency-designated multi-services Special Economic Zone (SEZ).
Key Questions Answered
The interaction was arranged to introduce Port City Colombo to CREDAI Chennai members, offering them exposure to a world-class development and helping them understand its framework, development opportunities, and potential areas for real estate and professional engagement.
Mr. Thiru A.R. Rahul Nadh, IAS, who serves as the Member Secretary of the Chennai Metropolitan Development Authority (CMDA), attended the programme as the distinguished guest and delivered a special address.
Port City Colombo is a 269-hectare master-planned international business and lifestyle hub in Sri Lanka functioning as a foreign currency-designated Special Economic Zone. It is governed by the Colombo Port City Economic Commission under a dedicated regulatory framework offering competitive incentives and investor protection.