Page 11 - CPM Sri Lanka-Chartered Manager-Sept. 2021
P. 11

THE INSTITUTE OF CHARTERED PROFESSIONAL MANAGERS OF SRI LANKA
                                                                                                JANUARY 2021












        The Financial District                                International Island: where the world will
                                                              meet at Port City
        This precinct, spanning 40 ha, would be the
        urban heart and main retail destination where         This precinct of 85 ha would house the most socially
        business and pleasure come together in a world-       important strategic developments. An international
        class commercial district. As home to global          convention centre which would cater between
        businesses and a diverse base of employees,           3,000 to 5,000 delegates with multipurpose and
        this district is envisioned to become a vibrant       flexible exhibition space, auditoriums and meeting
        business centre with landmark Grade ‘A’ Office        rooms coupled with state-of-the-art facilities
        Buildings extending as high as 350 m (similar to      and modern tech will propel Sri Lanka as an
        Lotus Tower).                                         attractive destination for business travellers. A plot
                                                              earmarked for a business hotel is just adjacent to
        Pedestrian malls developed along the main             the convention centre, which will complement its
        boulevard would add vibrancy whilst the lush          activities.
        and green continue as the central spine of
        activities throughout the city, connecting the        In addition to this, an international school of global
        different districts.                                  repute is envisaged to house 1,000 students with
                                                              over 300 boarding students. Studies and surveys
        Central Park Living: the quintessential               conducted by leading international property
        green lung of Port City                               companies have proven time to time again that the
                                                              key consideration for residential property purchase
        Enjoy nature in the heart of the city. Cycle, run     by Asian HNI’s is motivated by access to world-
        stroll and picnic in a lush oasis. We envisage        class education. We are creating an opportunity
        this precinct to be of medium density with            within Port City to attract these students to Sri
        an eclectic mix of residential and commercial         Lanka by providing a safe and secure destination
        properties. The best feature within this precinct     closer to home with the same quality of education.
        would be the “Central Park” lush green tropical       Availability of such facilities will continue to drive
        park with an extent of 14 ha which is 3 times the     secondary demand for residential real estate.
        size of Galle Face Green. The project company
        has already planted over 1,000 trees paying           International Island will also have an international
        special attention to protecting flora that is         health care facility with a global reputation for
        endemic to Sri Lanka. An internal saltwater           excellence in health care. Not only do we curb the
        channel that meanders through land divides the        outflow of funds from the country for medical care
        central park precinct into two.                       we would also be widening the scope in attracting
                                                              medical tourism into the country.

                                                              The largest parcel of land within Port City is also
                                                              a part of this precinct, spanning over 15 ha, is
                                                              earmarked for the development of a world-class
                                                              integrated resort and theme park which we expect
                                                              to be a catalyst for the Sri Lankan tourism
                                                              industry.


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