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Tripartite agreement signed for CIFC

12 August 2016 05:57 pm - 3     - {{hitsCtrl.values.hits}}


The government today signed a tripartite agreement for Colombo International Financial City (CIFC) which was previously known as the Colombo Port City.

Megapolis and Western Development Ministry, together with the Urban Development Authority (UDA) and the CHEC Port City Colombo (Pvt.) Ltd signed the tripartite agreement for the development of the CIFC replacing the previous agreement signed by the former government.

The CIFC would be governed under a new Act titled Colombo International Financial Centre Law which would be introduced in Parliament shortly.


Video by Janaka

  Comments - 3

  • Reader Saturday, 13 August 2016 02:21 PM

    Apart from name change show changes done by tabulating itemwise contents of old agreement and new for people to see as everyone think it is a big eyewash. Only result 2 year delay.

    Vajira Friday, 12 August 2016 07:12 PM

    Give them to public atleast to know to people whats happening to our country. via DM Android App

    keneth Friday, 12 August 2016 07:20 PM

    This is called MGA agreement. Minissu Gonata Andu agreement.....filled with endless lies.... via DM Android App

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