Background
The Colombo Port City commission bill is to be debated in
parliament this week. Over the last few weeks, Sri Lankans have
contemplated if the proposed Colombo Port City is the messiah that will rescue
the country’s economy or whether it is another Trojan Horse that will throw
firewood into the already smoldering regional geopolitical furnace.
The Port City as a model has the potential to be a driver of
growth. For that, it must be governed well within a globally
accepted, transparent and accountable regulatory framework. The project can
bring in much needed foreign investment and kickstart growth especially at a