Port City Colombo continues to strengthen its position as an emerging international business and investment destination, with 68 newly designated businesses declaring investment commitments totaling approximately US$166.87 million over five years.
The latest group of companies represents a diverse range of international markets, including the British Virgin Islands (BVI), the United States, Australia, Canada, Malaysia, Singapore, the United Kingdom and the United Arab Emirates. Their presence reflects growing international interest in establishing business operations within Sri Lanka’s special economic zone.
US$166.87 Million in Declared Investment Commitments
According to a technical review of Port City gazettes dated 11 October 2026, the 68 companies were listed under Gazette Nos. 2483/18–85, published on 10 April 2026.
Among the companies with significant declared investments are:
- Ren XYZ Inc. (USA): US$45 million
- Intelligent Optical Solutions PC Ltd.: US$16.57 million
- GAC Services Ltd.: US$14.94 million
- Casa BPO Sdn. Bhd. (Malaysia): US$14.87 million
- Robotic Assistance Devices Lanka Ltd.: US$12.53 million
- Intervest Global Delivery Ltd.: US$11.43 million
- Atlas Global BPO Ltd.: US$7 million
- Bridge Stone Global Ltd. (BVI): US$5 million
Other companies include Kodez Ltd. of Australia, Pravy Consulting Inc. of Canada and Aurion Engineering LLC of the United States.
IT and BPO Lead Business Activity
Information Technology (IT) and IT-enabled services account for approximately 55% of the latest secondary Business of Strategic Importance (BSI) disclosures.
Business Process Outsourcing (BPO) represents around 20%, while advisory services, wholesale trade, logistics and financial services collectively account for the remaining 25%.
The disclosures also feature businesses associated with established international corporate groups, including Deloitte, Ansell, GAC Group, Qoria, KAL Group, Fortude, Eyepax, Intervest Holdings and Orel IT Group.
This diversity highlights Port City’s growing appeal to companies operating across technology, professional services and international business support sectors.
Secondary BSIs Expand Port City’s Business Ecosystem
With the latest additions, the total number of secondary BSIs has increased to 180, representing approximately 73.5% of the 245 businesses recorded under the Port City licensing framework.
Unlike primary BSIs, secondary BSIs are not required to undertake land development within Port City. Instead, they can operate from leased office or business premises while accessing the tax and regulatory incentives available under the special economic zone framework.
The latest group of 68 companies follows 108 secondary BSIs gazetted before April 2026. The declared investment commitment of US$166.87 million relates exclusively to the latest group.
Investment Framework and Regulatory Oversight
Under the Colombo Port City Economic Commission (CPCEC) Act No. 11 of 2021, investments into Port City, including land leases and corporate equity, must be made in designated foreign currencies sourced from overseas or through authorised offshore foreign currency accounts.
The Colombo Port City Economic Commission operates as a single-window facilitator for investors. It also conducts background checks on the source and legitimacy of capital before issuing licences or designating businesses as being of strategic importance.
These regulatory arrangements form part of the framework governing investment and business operations within Port City Colombo.
Exploring Investment Opportunities in Sri Lanka
The continued expansion of Port City Colombo highlights Sri Lanka’s potential to attract international businesses and investment, particularly in IT, BPO and professional services.
DPR Investment Consultants supports local and foreign investors in identifying investment opportunities, establishing business operations and navigating Sri Lanka’s investment environment.
For more information, visit DPR Investment Consultants.
