In a landmark initiative aimed at bolstering Port City Colombo's appeal to export-oriented enterprises, CHEC Port City Colombo (Pvt) Ltd has forged a pivotal partnership with the Sri Lanka Export Development Board (EDB). The agreement, formalized through a memorandum of understanding (MoU) signed by EDB Chairman, Dr. Kingsley Bernard, and Managing Director of CHEC Port City Colombo (Pvt) Limited, Xiong Hongfeng, marks a significant milestone in positioning Port City Colombo as a premier destination for regional trade and commerce.

The signing ceremony, held on April 26 at the Port City Colombo Sales Gallery, underscored the strategic importance of the collaboration. Hongfeng emphasized, 'We are delighted to establish this strategic alliance with the Sri Lanka Export Development Board, a crucial step in solidifying Port City Colombo's status as a pivotal logistics and financial center in South Asia.'

He added, 'This partnership will not only promote Port City Colombo as an ideal location for export-oriented businesses but also foster economic growth in Sri Lanka by providing them with unparalleled opportunities.'

Echoing these sentiments, Dr. Bernard remarked, 'The partnership between SLEDB and CHEC Port City Colombo (Pvt) Ltd marks a significant turning point for the Sri Lankan export community.'

He continued, 'It will raise awareness about the myriad fiscal and non-fiscal incentives available to local exporters, encouraging them to establish their trade and buying office operations within the Colombo Port City Special Economic Zone.'

The collaboration between Port City Colombo and SLEDB will facilitate joint efforts to showcase the Colombo Port City Special Economic Zone as an attractive destination for export-oriented businesses. Leveraging Port City Colombo's direct access to global markets, including the Middle East, Asia-Pacific, and South Asia, alongside SLEDB's expertise and support, the partnership aims to position Port City Colombo as a premier logistics hub in South Asia.

In conclusion, the partnership between CHEC Port City Colombo (Pvt) Ltd and the Sri Lanka Export Development Board represents a significant stride towards enhancing the competitiveness and attractiveness of Port City Colombo as a hub for export-oriented businesses. By combining resources, expertise, and strategic vision, both parties are poised to unlock new opportunities for economic growth and prosperity in Sri Lanka. As Port City Colombo continues to evolve into a dynamic commercial center, this collaboration sets the stage for fostering innovation, driving investment, and strengthening the nation's position in the global marketplace. With a shared commitment to excellence and sustainability, the future of Port City Colombo as a premier destination for trade and commerce looks brighter than ever before.