Sri Lanka has taken a bold step toward becoming South Asia’s most dynamic investment hub with the introduction of a new incentive framework for the Colombo Port City. Under the Colombo Port City (Guidelines on the Grant of Exemptions or Incentives to Businesses of Strategic Importance) Regulations, No. 1 of 2025, issued by Hon. Anura Kumara Dissanayake, Minister of Finance, Planning and Economic Development, investors are now offered a range of unparalleled fiscal and regulatory benefits to establish and expand their operations within the Colombo Port City Special Economic Zone (SEZ).
The new regulations categorize investments from USD 25 million to USD 1 billion and above into four tiers, rewarding each with generous incentives and long-term policy stability. Qualified investors will be granted corporate income tax exemptions of 8 to 15 years, alongside exemptions from customs duties, ports and airports levies, export development charges, and foreign exchange restrictions. Additionally, concessionary tax rates and regulatory flexibilities will be available to secondary strategic businesses, promoting a vibrant and diversified economic ecosystem within the Port City.
These incentives underscore Sri Lanka’s commitment to positioning Colombo Port City as a premier international business and financial district, offering world-class infrastructure, legal certainty, and a highly favorable business environment. The initiative marks a significant milestone in attracting global capital, promoting innovation, and generating employment, reaffirming Sri Lanka’s readiness to welcome visionary investors to shape the nation’s economic future.
DPR Investment Consultants (Pvt) Ltd, Sri Lanka’s leading investment facilitation and advisory firm, invites global investors to explore these new opportunities under the Port City framework.
