Sri Lanka Approves US$1.3 Billion in Projects Near Colombo Port City

President Anura Kumara Dissanayake announced that the government has approved investment projects totaling US$1.3 billion in the area surrounding the Colombo Port City development. He said the government will introduce investor-friendly policies to support further growth and will present a new State Enterprise Management Act to Parliament next year to strengthen the governance of state-owned enterprises.