Business19 August 2026

Three Port City firms set for strategic enterprise status

Parliament will receive gazette notifications to designate three companies as Primary Enterprises of Strategic Importance within the Colombo Port City, following approval from Sri Lanka’s cabinet.

Minister Nalinda Jayatissa stated that the three entities granted this status are Marina Hotel Holdings (Private) Limited, Prime Melva Port City (Private) Limited, and Homelands Port City (Private) Limited.

Initial cabinet approval to designate Marina Hotel Holdings (Private) Limited as a Primary Enterprise of Strategic Importance was granted on 30 March. The decision was published under Extraordinary Gazette Notification No. 2483/17 dated 10 April 2026.

Subsequent approvals for Prime Melva Port City (Private) Limited and Homelands Port City (Private) Limited were granted at a cabinet meeting on 4 May.

The government officially issued these designations on 11 May through Extraordinary Gazette Notification No. 2488/03 for Homelands Port City (Private) Limited and Gazette Notification No. 2488/04 for Prime Melva Port City (Private) Limited.

The gazetted orders will now be presented to Parliament to fulfill the necessary statutory requirements under the Colombo Port City Economic Commission Act.
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