Although, the coalition criticized the Colombo Port City project as a waste of a colossal sum and promised to terminate it once elected, it now appears that the government is retracting from its earlier commitment. A major promise made prior to its election was the removal of the executive presidency. The Sirisena government is now having second thoughts.
Those who voted for this administration are watching with a keen interest and will no doubt pass judgement on its performance or lack at the soon to be held general election.
The Port City will be built by a unit of state-controlled China Communications Construction Co. (1800) on 233 hectares (576 acres) of reclaimed land, an area slightly larger than Monaco. The offices, hotels, apartments and shopping centers will draw as much as $20 billion in investment over about 15 years, according to ports authority chairman Priyath Wickrama.