Plots of land in the Colombo Port City have been allocated for foreign investors, but it is reported that only six plots have been acquired by the investors so far.
74 plots in the port city have been reserved for investors and so far no investor has come forward for 68 plots.
The investor who is currently encouraged for six plots has not been able to start his activities because the legal regulations related to the port city have not yet been implemented.
Operated as a Chinese-Sri Lankan joint investment, Colombo Port City has an area of 269 hectares.