LOLC Holdings PLC Group Managing Director Kapila Jayawardena announced that the $120 million Marina at Colombo Port City is set to revolutionize Sri Lanka’s tourism and maritime sectors. Speaking at the groundbreaking ceremony, Jayawardena emphasized the project’s potential to position Sri Lanka as a premium travel and luxury maritime hub.
“This iconic Marina development is a testament to resilience and progress despite the economic challenges Sri Lanka has faced over the past five years,” Jayawardena said. He highlighted the growing optimism among foreign governments and international investors, which promises new opportunities for the nation.
As the first and largest investor in Colombo Port City, Browns Investments PLC has acquired six strategic land parcels. The Marina project, spanning 37,776 square meters, will feature cutting-edge facilities, including sunset bars, seaside restaurants, retail outlets, and entertainment spaces. It will also offer berthing for up to 200 mid-to-large-sized yachts and boats, filling a vital infrastructure gap in the region.
“This is more than a Marina; it is a lifestyle destination designed to elevate Sri Lanka’s profile in luxury tourism,” Jayawardena explained. Scheduled for completion by 2027, the project aims to drive economic activity, attract foreign investment, and generate thousands of job opportunities.
Jayawardena extended his gratitude to the Government and China Harbour Engineering Company (CHEC) for their support in realizing this transformative initiative. He reaffirmed LOLC and Browns’ commitment to projects that contribute to Sri Lanka’s growth, highlighting the Marina as a symbol of confidence and progress.
“This development will showcase Sri Lanka’s potential to lead in luxury tourism and maritime excellence while cementing Colombo Port City as a premier special economic zone,” Jayawardena concluded.