Sri Lanka, Dec. 14 -- Deputy Managing Director of CHEC Port City Colombo, Thulci Aluwihare said that Port City Colombo can be positioned as a potential alternative to financial hubs such as Singapore and Dubai, leveraging Sri Lanka's location, cost-competitiveness, advanced regulatory framework.

He was speaking at the Sri Lanka Economic and Investment Summit 2025 organised by the Ceylon Chamber of Commerce last week.

He said the cost doing business in Sri Lanka is far less compared to Singapore and Dubai which should be leveraged to attract investors. A single-window system and focus on green/smart living could make the Port City a global business/lifestyle destination.

He also touched on the geographical advantages of the port being i...