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Global Shipping & Trade
Asia

ICCSL signs MoU with CPC to improve investment opportunities in port city

by Kalpana Pandey
September 27, 2024
in Asia, News, Ports & Terminals
Reading Time: 1 min read
A A
Colombo port city

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The Sri Lanka Branch of the International Chamber of Commerce (ICCSL) signed a Memorandum of Understanding (MoU) with the Colombo Port City (CPC) to enhance investment opportunities within the CPC.

Through this strategic partnership, local and international investors are directed towards the transformative urban development of CPC, thereby creating a prosperous business environment to attract Sri Lankan and international investors to invest in the CPC.

As part of this partnership, ICCSL members and nominated parties will have valuable opportunities to conduct business within the CPC, enabling them to utilise its state-of-the-art facilities and strategic location. This initiative marks an important step in positioning the CPC as a leading hub for trade and investment in the region. As a starting point, the ICCSL has also planned to hold an international conference in October 2024, to promote investment in the CPC.

An ambitious project to transform Colombo into a modern metropolis, the CPC offers various sectors for investment, including finance, technology, tourism and trade. The ICCSL looks forward to leveraging its extensive network and expertise to facilitate this vision.

Tags: CPCICCSLPort City
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