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Dubai International Financial Centre

The Chinese developer of the Financial City project has agreed to setting up the proposed Colombo International Financial Centre (CIFC) building in the land area reclaimed in the Port City project, the Sri Lankan government has announced. The Budget 2016 had earlier proposed a plan to build the facility on a 300,000 square foot area in DR Wijewardena Mawatha in Colombo.

“…the project company has agreed to setting up the CIFC building in the land area reclaimed first including making a new investment in the CIFC building no sooner it is technically feasible to build on reclaimed land and upon mutually acceptable terms being agreed with the GOSL after a feasibility study,” the government said.