The story goes that in 2011 Sri Lanka’s then-president Mahinda Rajapaksa looked out from the land reclamation site of Colombo's emerging South Container Terminal and had an epiphany: why not just keep ...

Last month, the Sri Lankan parliament passed the Rajapakse government’s amended Colombo Port City (CPC) Economic Commission Act, which establishes a Special Economic Zone on reclaimed land near ...

Sri Lanka's Prime Minister Ranil Wickremesinghe (R) shakes hands with Liu Jianchao, China's Assistant Foreign Minster and Special Envoy, during their meeting in Colombo February 6, 2015.

Since the return of the Rajapaksa brothers to office as president and prime minister in Sri Lanka, Colombo’s relations with China have improved dramatically. Earlier in the week, the Sri Lankan ...

Sri Lanka’s Supreme Court on Monday began hearing petitions challenging President Gotabaya Rajapaksa’s plan to set up a panel to lure investment into a Chinese built port city in Colombo. The court is ...

Sri Lanka recently announced that a major development project, suspended since March 2015, will finally resume. The Colombo Port City Project, a $1.4 billion deal, is supported by a state-owned ...

Sri Lanka is using a $1.4 billion Chinese investment to start building a new metropolis. The full project, scheduled for completion in 2041, could end up costing about $15 billion. At 665 acres, the ...

Forbes contributors publish independent expert analyses and insights. I travel the world reporting on emerging markets and China overseas. Colombo Financial City has so far been one of the most ...

On August 2, 2025, Sri Lanka’s largest private sector investment in luxury tourism, the US$1.2-billion City of Dreams Sri Lanka, opened its doors in Colombo. The development speared by John Keells ...

Explore Colombo, Sri Lanka's lively capital! Find serene parks, ocean views, and the best of the island's famous cuisine. See the full travel guide.