China Harbour Engineering Company’s Port City Colombo has confirmed a US$300 million foreign direct investment commitment linked to renewed efforts to attract investors to the special economic zone. Daily Mirror reported that Sri Lanka is promoting Port City in markets including Australia and Malaysia while offering tax holidays, investor-protection measures and a single-window approval mechanism. Related Port City coverage notes continuing work to position the project as a South Asian business platform, though analysts say execution and institutional credibility remain key challenges.catswebnews +3