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Port City Colombo marks 7th anniversary with vertical development set to commence
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Sri Lanka s Debt and China s Money – The Diplomat
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Saturday, 03 July 2021 - 11:38
The Colombo Stock Exchange (CSE) and CHEC Port City Colombo signed a Memorandum of Understanding (MoU) to enhance the capital markets in Sri Lanka by taking advantage of the Port City Colombo’s special emphasis of the Colombo International Financial Center, in order to establish a regionally recognized financial exchange within the country’s borders.
The MoU was signed with the objective of working on a collective mission to establish an International Multi-Currency Exchange within the Port City Colombo.
The exchange will serve as a gateway for both regional and global investors, whilst also providing an ideal platform for Sri Lankan and overseas corporates to issue foreign currency bonds and equities as well as develop other financing and risk management instruments across asset classes.