Business
Rs. 1mn. school bag boon for 1,000 students of Monaragala from Port City Colombo
Port City Colombo recently made a donation of 1,000 school bags valued at nearly Rs. 1 million to schoolchildren of low income families in the Monaragala District who are entering their first year of schooling in 2021. The donation was handed over to Vijitha Berugoda, state minister of Dhamma Schools, Pirivenas and Bhikkhu Education, as a contribution to the State Ministry program ‘Dinamu’.
The donation was made at the Port City Colombo premises. Also present at the event were officials from the State Ministry of Education, Raja Edirisuriya, Executive Project Director of Port City Colombo, Yue Yeqing, Assistant Managing Director of Port City Colombo, Yamuna Jayaratne, Director Sales & Marketing of Port City Colombo, and Kassapa Senarath, Head of Public Relations of Port City Colombo.
Following the donation, Vijitha Berugoda expressed his appreciation of Port City Colombo’s contributions and acknowledged the company’s efforts in preparing a world-class financial city for Sri Lanka. He commended Port City Colombo’s initiatives to prepare Sri Lanka’s next generation to be globally competitive, forward thinking and fully equipped to face future challenges. Port City Colombo pledged to continue its commitment in supporting the ‘Dinamu’ program and continue other initiatives that benefit the next generation.
Port City Colombo is a brand new city development built as an extension of the existing Colombo CBD with an initial investment of US$1.4 billion and an expected US$15 billion overall investment when completed. Spanning 269 hectares, it is a sea reclamation project joined to the current central business district.
Port City Colombo is made up of 5 different precincts which comprise of Financial District, Central Park Living, International Island, The Marina and Island Living.
When completed, Port City Colombo is estimated to have some 5.7 million square metres of build up space, boasting some of the best in design in terms of Grade A offices, medical facilities, educational facilities, integrated resort, Marina, retail destinations, hotels and various lifestyle developments. Using the latest sustainable city design and smart city concepts, Port City Colombo will be the hub of South Asia.
Business
Indo-Sri Lanka Chambers forge alliance to drive infrastructure and real estate investment
By Sanath Nanayakkare
In a major boost to bilateral economic ties, the Chamber of Construction Industry of Sri Lanka (CCISL) and the Indo–Sri Lanka Chamber of Commerce & Industry (ISCCI) have signed a strategic Memorandum of Understanding (MoU) to deepen cooperation in real estate, infrastructure, and urban development.
The agreement establishes a formal framework for both institutions to drive collaborative initiatives, including business delegations, high-level conferences, workshops, B2B matchmaking sessions, and technical site visits. Designed to bridge businesses, government institutions, and project stakeholders across the Palk Strait, the partnership aims to unlock new avenues for cross-border joint ventures and technology transfers.
A focal point of this newly minted partnership is the facilitation of an upcoming trade delegation from the National Real Estate Development Council (NAREDCO) of India. Comprising major Indian players in the real estate and infrastructure sectors, the visiting delegation will engage in targeted business meetings, workshops, and inspection tours of prominent construction projects in Sri Lanka.
Under the terms of the MoU, CCISL will serve as the principal host coordinator in Sri Lanka. In close consultation with ISCCI, the apex construction body will curate itineraries, identify viable projects for engagement, and facilitate high-level dialogues with key government agencies, regulatory bodies, and industry leaders.
With both nations prioritizing sustainable urban growth, modern construction technologies, and infrastructure expansion, industry leaders view the partnership as a timely catalyst for economic rejuvenation. The collaboration is anticipated to accelerate market access, knowledge exchange, and foreign direct investment into Sri Lanka’s burgeoning property and development sectors.
To ensure the success of the upcoming NAREDCO delegation, CCISL has issued an urgent appeal to statutory authorities and relevant project owners to come forward with viable investment proposals. Stakeholders holding projects seeking foreign investment or technical partnerships are invited to submit comprehensive details to the Secretary General and CEO of CCISL via email at secyces@gmail.com.
Both chambers emphasize that translating this foundational agreement into tangible partnerships and robust capital flows will significantly strengthen bilateral connectivity between the construction and real estate sectors of India and Sri Lanka.
Business
Hettich celebrates a decade in Sri Lanka with partner meet in Colombo
Hettich, the globally renowned German manufacturer of furniture fittings and architectural hardware known for its state-of-the-art manufacturing plants and magical interior solutions across the world celebrated a significant milestone in Sri Lanka, marking 10 years of presence in the country with its inaugural Partner Meet in Colombo.
The landmark event brought together Hettich’s key partners, stakeholders and industry leaders to celebrate a decade of growth, collaboration and shared success, while reaffirming the company’s long-term commitment to the Sri Lankan market.
Over the past decade, Hettich has strengthened its presence in Sri Lanka through its focus on German engineering, innovation, quality and functionality, contributing to the creation of contemporary and intelligently designed living and working spaces across the country.
The gala evening was graced by a distinguished delegation of senior leaders, including Dr. Andreas Hettich, Chairman, Hettich Group Advisory Board; S. K. Poddar, Chairman, Hettich India & Adventz Group; Mr. Akshay Poddar, Director, Hettich India; Andre Eckholt, Managing Director, Hettich India, SAARC, Middle East & Africa; Rahul Thakkar, Director – Sales, Hettich India & SAARC; and Dinusha Bhaskaran, Managing Director, Vallibel One PLC.
Business
GS Evo Motors launches all-new JMEV EWIND
GS Evo Motors Limited, the authorized distributor of JMEV electric vehicles in Sri Lanka, has officially launched the JMEV EWIND, a next-generation compact electric SUV. The vehicle is designed to offer strong performance, intelligent technology, premium comfort, and high safety standards, marking another milestone in Sri Lanka’s growing electric mobility sector.
The EWIND features a sleek, aerodynamic exterior with penetrating LED daytime running lights, trapezoidal chain-inspired LED tail lamps, 19-inch alloy wheels, and a bold silhouette. Inside, it offers a spacious cabin with a panoramic moonroof and retractable curtain, an ultra-thin suspended instrument panel, a D-shaped multifunction steering wheel, multi-colour ambient lighting, premium finishes, and electrically adjustable front seats.
The SUV is available in single-motor front-wheel drive configurations, producing up to 108 kW and 210 Nm, with 0–100 km/h acceleration in 8.9 seconds.
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