Construction has begun on a new superyacht marina at Port City Colombo, a development aimed at expanding facilities for vessels in Sri Lanka. The project is a joint venture involving Browns Investments PLC, China Harbour Engineering Company and LOLC Holdings.
Covering 33,776sqm, the marina has an estimated development cost of $120 million USD. With completion targeted for 2027, the facility is expected to accommodate up to 200 mid-to-large-sized vessels and will include restaurants, retail outlets, entertainment spaces and seaside bars.
Priyantha Perera, who leads Asia Pacific Superyachts Sri Lanka, said: “The new luxury marina will add a significant incentive in attracting superyachts wanting to explore and enjoy Sri Lanka’s cruising and on-land attractions. The main cruising destinations consist of the North-East coast and the South coast which boasts of some of the most pristine beaches in the world. Sri Lanka also has 143 wrecks around the island that are ideal for keen divers.”
The marina forms part of the wider Port City Colombo project, which functions as a special economic zone (SEZ) adjacent to Colombo’s Central Business District. The SEZ includes business, residential and recreational areas, and operates under a regulatory structure designed to attract investment.
