Features
Colombo Port City: Gains to state coffers
By Eng. D. Godage
The Colombo Port City is a special economic zone and international financial centre and it is an important concept for the country’s economic enhancement. It is considered an extension of the existing Colombo Central Business District. In order to achieve the expected goals, it is necessary to manage the Port City in an efficient manner. The Colombo Port City Commission Bill was passed in Parliament recently and thereafter the commission has been established to manage the Port City. Existing institutions like the Urban Development Authority UDA, Colombo Municipal Council, Board of Investment BOI are not involved in the Port City management.
The Colombo Port City differs from most other special economic zones around the world in that the land on which it stands was reclaimed from the sea, and it is very much part of the Sri Lanka’s territory.
Despite its name, the Port City does not include a port; it is only adjacent to Sri Lanka’s main port. There are no factories, production lines, warehouses or any such facilities within the Port City. Instead, as a financial centre, it is said to contain commercial, residential and retail assets, among others.
Land creation: How this new land was created is worth examining. Located south of the Colombo South Harbour, bounded to by the South Harbour breakwater on the North and the Marine Drive on the east, 269 hectares (660 Acres) have been reclaimed. China Harbour Engineering Co. (CHEC) carried out the land reclamation at a own cost of US$ 1.4 billion. In return, the Chinese was given 116 hectares of land on a 99-year lease basis. Another 91 hectares are covered by parks, water bodies, roads, etc., as public spaces, leaving 62 hectares for government ownership as buildable land that can be released to investors. Besides, the developer has enjoyed tax and duty exemptions for the whole project and in addition used the vast quantity of sea sand in land reclamation, free of cost.
The status of the Marina, located in the southern end, whether it falls under public spaces category or buildable areas belonging to the two parties viz. state or the Chinese, is unclear. The capacity of the Marina, its facilities and who manages it are matters of interest to the public.
Project Aim: Foreign direct investment is the primary goal of this iconic development project. Governing politicians have talked about the potential benefits of the project to the country and refer to it as a turning point for the economy. It was announced that the Sri Lankan conglomerate LOLC Holdings PLC emerged as the first major investor with US$ 1 billion investment for a mixed development project in the Chinese held land portion.
All investors will require land to undertake development and such land would be provided on a lease basis. Also investors are expected to enjoy tax and duty exemptions as incentives. Political, economic and social stability of the country at a convincing level is an essential prerequisite to attract investors. Unfortunately, the economic standing of the country is at a poor ebb right now.
Who owns the Port City? On perusal of the website one observes that the Port City owner, or client is CHEC Port City Colombo (Pvt) Limited and it is a 100 percent owned subsidiary of CHEC Limited. This fact leaves a question to be answered. It is true that CHEC manages 116 hectares of land leased to them by the government, having established an organisation within the premises. Who is responsible for attracting investors for the State owned 62 hectares of buildable land. Who manages those 91 hectares of public spaces is also not clear. In fact, the first investment from a Sri Lankan investor went over to the CHEC!
Sources of revenue to the State: Almost every activity in the Port City enjoys tax and duty exemptions. One source of revenue would be from disposal of 62 hectares of land owned by the State when given out to investors. Who handles this transaction is not known. Is there any mechanism to advertise this or are they dependent on publicity by the Chinese? These 62 hectares may bring about US$ 1,800 million, as a crude estimate, from investors if finding investors is successful. There would be revenues coming to the Commission, but as to how they are disposed is unclear.
At the recent Investment Forum there have been statements such as ‘US$ 4.5 billion contribution to support the country’s GDP in the first few years’ and ‘US$ 15 billion growth in GDP after five years’. Potential employment capacity is said to be around 200,000, when fully operational in 20 years. Someone has stated that employed locals could earn US$ 1,000 salary at that stage. How realistic and how they were derived are matters due from the authorities for public knowledge. Such employment opportunities would discourage locals from looking for foreign employment. Direct and indirect revenue sources require assessment.
Is the Port City a mere showpiece created as a tool to enhance the country’s GDP and thereby gain a better image globally, whereas it will not significantly improve State coffers in the short term so as to relieve the country from the huge debt burden?
There are no clear visible sources of revenue to the State coffers other than from sale/lease of state-owned land and employment generation, while city utility services are getting overloaded. It is the duty of the Commission to tell the citizens if there are any others.
Service prerequisites: Electricity, water, garbage disposal and sewerage handling are some major service facilities required for operation and sustenance of the Port City. These create additional service loads on the Colombo city systems. These service systems already seem at full capacity within Colombo city limits. Respective organisations handling each subject will have to augment, operate and maintain these facilities and services in Colombo city at a high cost. Hence the tariff applicable on Port City has to account for such heavy expenses. Furthermore, long term sustenance of these services is a burden on respective institutions. Already the on-going construction of flyovers is at the expense of tax payers.
The Port City occupies newly created land and it is a part of the Sri Lankan territory. Every Sri Lankan must have basic knowledge of what it is; what it does; who manages it; whether Sri Lankans can enter the public areas located within; what benefits the country would enjoy and what revenues accrue to the government to raise the living standards of the countrymen. It is the duty of the Colombo Port City Commission, established as the sole authority to manage and administer the Port City, to divulge information of interest to the public as early as possible on various issues exposed above, especially the revenue to the State coffers in the coming years.
Features
Rethinking global order in the precincts of Nalanda
It has become fashionable to criticise the US for its recent conduct toward Iran. This is not an attempt to defend or rationalise the US’s actions. Rather, it seeks to inject perspective into an increasingly a historical debate. What is often missing is institutional memory: An understanding of how the present international order was constructed and the conditions under which it emerged.
The “rules-based order” was forged in the aftermath of two catastrophic wars. Earlier efforts had faltered. Woodrow Wilson’s proposal for a League of Nations after World War I was rejected by the US Senate. Yet, it introduced a lasting premise: International order could be consciously designed, not left solely to shifting power balances. That premise returned after World War II. The Dumbarton Oaks process laid the groundwork for the UN, while Bretton Woods established the global financial architecture.
These frameworks shaped modern norms of security, finance, trade, and governance. The US played the central role in this design, providing leadership even as it engaged selectively- remaining outside certain frameworks while shaping others. This underscored a central reality: Power and principle have always coexisted uneasily within it.
This order most be understood against the destruction that preceded it. Industrial warfare, aerial bombardment, and weapons capable of unprecedented devastation reshaped both the ethics and limits of conflict. The post-war system emerged from this trauma, anchored in a fragile consensus of “never again”, even as authority remained concentrated among five powers.
The rise of China, the re-emergence of India, and the growing assertiveness of Russia and regional powers are reshaping the global balance. Technological disruption and renewed competition over energy and resources are transforming the nature of power. In this environment, some American strategists argue that the US risks strategic drift Iran, in this view, becomes more than a regional issue; it serves as a platform for signalling resolve – not only to Tehran, but to Beijing and beyond. Actions taken in one theatre are intended to shape perceptions of credibility across multiple fronts.
Recent actions suggest that while the US retains unmatched military reach, it has exercised a level of restraint. The avoidance of escalation into the most extreme forms of warfare indicates that certain thresholds in great-power conflict remain intact. If current trends persist-where power increasingly substitutes for principle — this won’t remain a uniquely American dilemma.
Other major powers may face similar choices. As capabilities expand, the temptation to act outside established norms may grow. What begins as a context-specific deviation can harden into accepted practice. This is the paradox of great power transition: What begins as an exception risk becoming a precedent The question now is whether existing systems are capable of renewal. Ad hoc frameworks may stabilise the present, but risk orphaning the future. Without a broader framework, they risk managing disorder rather than designing order. The Dumbarton Oaks process was a structured diplomatic effort shaped by competing visions and compromise. A contemporary equivalent would be more complex, reflecting a more diffuse distribution of power and lower levels of trust Such an effort must include the US, China, India, the EU, Russia, and other key powers.
India could serve as a credible convenor capable of bridging divides. Its position -engaged with multiple powers yet not formally aligned – gives it a degree of convening legitimacy. Nalanda-the world’s first university – offers an appropriate symbolic setting for such dialogue, evoking knowledge exchange across civilisations rather than competition among them.
Milinda Moragoda is a former cabinet minister and diplomat from Sri Lanka and founder of the Pathfinder Foundation, a strategic affairs think tank could be contacted atemail@milinda.org. This article was published in Hindustan Times on 2026.04.19)
By Milinda Moragoda
Features
Father and daughter … and now Section 8
The combination of father and daughter, Shafi and Jana, as a duo, turned out to be a very rewarding experience, indeed, and now they have advanced to Section 8 – a high-energy, funk-driven, jazz-oriented live band, blending pop, rock, funk, country, and jazz.
Guitar wizard Shafi is a highly accomplished lead guitarist with extensive international experience, having performed across Germany, Australia, the Maldives, Canada, and multiple global destinations.
He is best known as a lead guitarist of Wildfire, one of Sri Lanka’s most recognised bands, while Jana is a dynamic and captivating lead vocalist with over a decade of professional performing experience.
Jana’s musical journey started early, through choir, laying the foundation for her strong vocal control and confident stage presence.
Having also performed with various local bands, and collaborated with seasoned musicians, Jana has developed a versatile style that blends energy, emotion, and audience connection.
The father and daughter combination performed in the Maldives for two years and then returned home and formed Section 8, combining international stage experience with a sharp understanding of what it takes to move a crowd.
In fact, Shafi and Jana performed together, as a duo, for over seven years, including long-term overseas contracts, building a strong musical partnership and a deep understanding of international audiences and live entertainment standards.
Section 8 is relatively new to the scene – just two years old – but the outfit has already built a strong reputation, performing at private events, weddings, bars, and concerts.
The band is known for its adaptability, professionalism, and engaging stage presence, and consistently delivers a premium live entertainment experience, focused on energy, groove, and audience connection.
Section 8 is also a popular name across Sri Lanka’s live music circuit, regularly performing at venues such as Gatz, Jazzabel, Honey Beach, and The Main Sports Bar, as well as across the southern coast, including Hikkaduwa, Ahangama, Mirissa, and Galle.
What’s more, they performed two consecutive years at Petti Mirissa for their New Year’s gala, captivating international audiences present with high-energy performance, specially designed for large-scale celebrations.
With a strong following among international visitors, the band has become a standout act within the tourist entertainment scene, as well.
Their performances are tailored to diverse audiences, blending international hits with dance-driven sets, while also incorporating strong jazz influences that add depth, musicianship, and versatility to their sound.
The rest of the members of Section 8 are also extremely talented and experienced musicians:
Suresh – Drummer, with over 20 years of international experience.
Dimantha – Keyboardist, with global exposure across multiple countries.
Dilhara – Bassist and multi-instrumentalist, also a composer and producer, with technical expertise.
Features
Celebrations … in a unique way
Rajiv Sebastian could be classified as an innovative performer.
Yes, he certainly has plenty of surprises up his sleeves and that’s what makes him extremely popular with his fans.
Rajiv & The Clan are now 35 years in the showbiz scene and Rajiv says he has plans to celebrate this special occasion … in a unique way!
According to Rajiv, the memories of Clarence, Neville, Baig, Rukmani, Wally and many more, in its original flavour, will be relived on 14th July.
“We will be celebrating our anniversary at the Grand Maitland (in front of the SSC playground) on 14th July, at 7.00pm, and you will feel the inspiration of an amazing night you’ve never seen before,” says Rajiv, adding that all the performers will be dressed up in the beautiful sixties attire, and use musical instruments never seen before.
In fact, Rajiv left for London, last week, and is scheduled to perform at four different venues, and at each venue his outfit is going to be different, he says, with the sarong being very much a part of the scene.
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