Sri Lanka, Oct. 16 -- Businesses of Strategic Importance approvals, future investment plans, and current status of apartment complex projects in the Colombo Port City were discussed at length during the Committee on Public Finance.

Investment promotion activities of the Colombo Port City Economic Commission, regulation of foreign investments, and related legal and administrative matters received special attention before the committee, which met recently in Parliament under the chairmanship of Member of Parliament Dr Harsha de Silva.

It was revealed there that nine land plots valued at USD 1.12 billion located near the main commercial zone of Colombo are currently leased out, while plans are being prepared to lease another six land plots...