Business
City of Galle also to see reclamation of land from sea
New tourist city designed to span on 40 hectares of reclaimed land
An investment of US$175 million sought to complete it in three years
by Sanath Nanayakkare
The government of Sri Lanka last week invited investors across the world to come and invest in building an exclusive tourist port in the ancient city of Galle in the South of Sri Lanka, founded by Portuguese colonists in the 16th century and extensively fortified by the Dutch during the 17th century.
“An investment of US$175 million is sought to establish the tourist city to attract more foreign cruise vessels to boost tourism. Return on investment (ROI) from the project is to be ensured with promising demand for marina infrastructure developments and real estate developments connected with tourism,”a panel of speakers addressing the hybrid investment symposium told the potential investors.
The speakers were from Sri Lanka Ports Authority, The Board of Investments, experts knowledgeable on foreign direct investments, tax concessions and environmental aspects related to projects of this nature. They provided answers to questions from the audience that consisted of investors keen to do business with Sri Lanka.
“The proposed new tourist space is designed to span on 40 hectares of reclaimed land, taking a cue from the Port City of Colombo, Rohitha Abeygunawardana”, Minister of Shipping said.
“The project will transform Galle like Colombo in its economic and metropolitan significance creating dividends for all people in the region,” he said. The minister said that the government would be fully conscious of any environmental impacts, and therefore, the development would take place in accordance with environmental laws of the country.
“Sri Lanka Ports Authority’s plans include changing the existing port in Galle as a fully-fledged tourist port with a 150-metre length cruise berth, reclamation to increase Galle’s land area by another 40 hectares. It will feature a modern real estate business model and a state-of-the-art cruise terminal,” the panel told the participating investors.

“The project is open for potential investors through Expression of Interest (EOI) and Request for Proposal (RFP) processes ensuring a transparent bidding process,” they said.
“The proposed development project expects to avail fully-fledged facilities in the gulf of Galle to make possible the berthing of cruise ships, luxury yachts, boats, water sports and many more activities. In real estate development, this will be a ground-floor opportunity for investors to build water bungalows, villas, apartments, restaurants, hotels etc. The goal of this development project is to ensure that everything is within the leisure traveller’s reach,” they said.
“This is a unique and valuable investment opportunity to investors who are looking to thrive on the tourism sector and earn a higher return on their investment. The development venture is going to create thousands of direct and indirect jobs for local communities sand help fulfill the macroeconomic objectives of achieving people-centric economic aspirations, Dr. Ramesh Pathirana, Minister of Plantation and Galle District MP told The Island Financial Review.
The two minister assured that both local and foreign investors would be facilitated expeditiously when they have made their bids.
The project is to be completed in 3 years and the government expects the project will help increase annual tourist arrivals up to seven million.
Business
Harnessing nature’s wisdom: Experts highlight “Resist–Align” path to resilience
As Sri Lanka confronts mounting environmental and economic pressures, a timely national conversation on resilience has underscored the urgent need to rethink how societies respond to change—by balancing resistance with alignment to nature.
The inaugural Nature Talks Webinar Series, titled “Nature’s Secrets for Building Resilience in a Changing World,” took place on Wednesday night, bringing together leading environmental thinkers who argued that resilience is no longer optional, but essential in navigating climate and ecological uncertainty.
Organised collaboratively by the International Centre for Biological Studies (ICBS), GAP HQ, and the Biomimicry Research Centre, the session aimed to bridge science, policy, and innovation, while drawing practical lessons from nature.
Leading the discussion, Professor Sarath Kotagama of the University of Colombo emphasised that resilience must be understood as a combination of resistance and alignment.
“Resilience is about resisting where necessary, but also forming alliances with change,” he said. “We are not saying we can stop everything. The real question is—can we adjust to live with it?”
He urged societies to reflect on their ability not only to prevent or resist environmental change, but also to adapt intelligently to it. Referring to global developments such as Artemis II, Kotagama noted that humanity is increasingly being reminded of how rapidly conditions are shifting on Earth.
Drawing lessons from the COVID-19 pandemic, Professor Kotagama outlined several insights that have reshaped thinking on resilience.
“One of the most important lessons was the role of microbes,” he said. “We always focused on large animals in biodiversity, but COVID showed us that invisible organisms can have a massive impact on the planet.”
He explained that while conservation has traditionally prioritised charismatic species such as elephants and birds, microorganisms—often overlooked—are equally critical to ecological balance.
Professor Kotagama also challenged assumptions about nature. “Nature is not always kind or caring. Under certain conditions, it can be harsh, and humans don’t necessarily feel affection for all forms of life—especially microbes,” he said.
At the same time, he stressed the decisive role of science. “If not for science, we would not have survived as we did,” he noted, pointing to the rapid development of vaccines despite global norms that typically require years of testing.
He further highlighted the importance of governance. “We may not always like governments, but during COVID, governments mattered. Without coordinated action, the outcome would have been far worse,” he said.
Professor Kotagama added that the pandemic exposed vulnerabilities in the global economic system, with industries such as tourism collapsing almost overnight due to what he described as “an invisible microbe.”
“It showed clearly that systems we thought were stable can be disrupted instantly,” he said, warning that unsustainable development models—particularly in tourism—must be reconsidered.
Meanwhile, Professor Sevandi Jayakody of Wayamba University of Sri Lanka highlighted biomimicry as a key pathway to resilience.
“The biggest answer to resilience is biomimicry,” Professor Jayakody said. “Nature already holds solutions—we just need to understand and apply them.”
She explained that biomimicry can operate at the level of form, process, or systems, and cited mangrove restoration as a practical example. Attempts to artificially recreate ecosystems often fall short unless they follow natural patterns such as tidal flows and species interactions.
“In restoring degraded mangroves, we learned that forcing systems does not work. When we followed natural contours and introduced resilient ‘nurse’ species, the ecosystem began to recover on its own,” she said.
Professor Jayakody emphasised that resilience must be embedded within environmental systems rather than imposed externally. “Resilience is a function of the environment we live in. If we ignore that, our interventions will fail,” she said.
She also cautioned against expecting rapid results. “Nature is slow. Humans are in a hurry,” Professor Jayakody noted, pointing to long-term data showing that even measurable ecological changes—such as seasonal shifts—can occur gradually over decades.
“Change is inevitable, but it is not always sudden. We need long-term data, patience, and the wisdom to interpret it correctly,” she added.
Moderating the session, Imaduwa Priyadarshana brought a practical perspective on sustainable design and adaptation, highlighting how nature-based thinking can inform urban planning and infrastructure.
With Sri Lanka grappling with climate variability, coastal degradation, and energy challenges, the experts stressed that such knowledge-sharing platforms are increasingly vital. The discussion aligned with a growing global shift towards nature-based solutions—learning from ecosystems that have evolved resilience over millennia.
By Ifham Nizam
Business
Uber Eats continues Sri Lankan expansion now in Nuwara Eliya
Uber Eats is now live in Nuwara Eliya, making it easier for locals and tourists to enjoy their favourite meals – from a hot plate of kottu on a chilly evening to a comforting rice and curry spread or crispy egg hoppers – delivered right to their doorstep.
Known for its cool climate, old-world charm, and rolling tea estates, Nuwara Eliya sees a surge of Sri Lankan and international visitors during the April holiday season. But as temperatures drop in the evenings, food options have traditionally been limited, with many outlets closing early.
With Uber Eats now available, consumers can discover and order from a growing range of local restaurants and neighbourhood favourites – without stepping out. The platform also extends access to meals into the late evening, making it easier to find food even after most outlets have closed. In Nuwara Eliya, specially designed temperature-controlled insulated bags will help ensure meals are delivered hot. Consumers can choose from a wide variety of cuisines including Sri Lankan, Indian, Chinese, Thai, and Arabic or order from global brands such as KFC, Pizza Hut, and Domino’s.
The launch supports the local community by enabling restaurants to reach more customers across the city, while creating flexible earning opportunities for delivery partners, especially during the busy holiday season.
Varun Wijewardane, Country Manager – Delivery, Uber Sri Lanka, said: “Nuwara Eliya is one of Sri Lanka’s most loved destinations, especially during the April season. With Uber Eats now live, we’re making it easier to enjoy great food more conveniently – from everyday favourites to late evening short eats while also supporting local restaurants and creating earning opportunities within the community. This comes on the back of an aggressive expansion of our services across Sri Lanka – providing our consumers with convenient access to local favourites and unlocking earning opportunities for more Sri Lankan communities.”
Entry in Nuwara Eliya builds on expansion from last year across 6 districts including Hikkaduwa, Ambalangoda, Chilaw, Wennappuwa, and Puttalam, Jaffna, Gampola, Matale, Matara, Weligama, Mirissa, and Anuradhapura – further strengthening Uber Eats’ position as the country’s go-to delivery platform.
Business
Five consecutive years as a Company with Great Managers
Union Assurance, Sri Lanka’s longest-standing private Life Insurer, was honoured as a ‘Company with Great Managers’ for fifth consecutive year at the CLA Great Managers Awards 2025, held at Cinnamon Grand Colombo. Presented annually by the Colombo Leadership Academy & CLA Coaching Inc, the award affirms that Union Assurance’s approach to leadership excellence is not episodic, but deeply embedded across the Company.
The CLA Great Managers Awards programme, powered by Colombo Leadership Academy & CLA Coaching Inc. in strategic partnership with People Business, The Culture Factor Group – Hofstede & Onehub, is regarded as the international benchmark for assessing managerial and leadership effectiveness in Sri Lanka. Using the scientifically grounded D-ACTI 5X meta-analysis framework, the programme evaluates managers across five leadership pillars: Driving Results & Execution Excellence, Aligning Organizational Vision, Coaching & Developing Others for Growth, Building Team Effectiveness & Collaboration & Leadership Integrality & Holistic Approach.
Reflecting the depth and diversity of managerial capability within the organisation, five Union Assurance leaders were individually recognised across distinct award categories this year. Sashika Perera, Senior Manager – Statutory Reporting & Taxation, and Ishanthi Umedha, Head of Governance & Valuation, were recognised for ‘Demonstration of Well-Rounded Performance and Managerial Effectiveness.
-
News7 days agoCEB orders temporary shutdown of large rooftop solar systems
-
Features7 days agoFrom Royal College Platoon to National Cadet Corps: 145 years of discipline, leadership, and modern challenges
-
Latest News6 days agoPNS TAIMUR & ASLAT arrive in Colombo
-
Features7 days agoCIA’s hidden weapon in Iran
-
Latest News6 days agoPrasidh, Buttler set up comfortable win for Gujarat Titans
-
News3 days agoPNS TAIMUR & ASLAT set sail from Colombo
-
Features7 days agoA Fragile Ceasefire: Pakistan’s Glory and Israel’s Sabotage
-
Latest News7 days agoHeat index likely to increase up to ‘Caution level’ at some places in the Northern, North-central, North-western, Western, Sabaragamuwa, Southern and Eastern provinces and Monaragala district
