This designation will allow the company to receive specific incentives and encouragements pertinent to the project.

As part of this initiative, four plots of land within the Colombo Port City area have been leased to Colombo Marina Development.

The company, which operates under the sole authority of Browns Investment Private Company, is responsible for the ‘Recreation Port’ (MARINA) development project.

The project is set to create a state-of-the-art facility with the capacity to harbour 243 marine vessels. In addition to its core marina function, the development will feature exclusive guest clubs, dining options, retail outlets, recreation areas, event spaces and ample parking facilities.