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The luxury marina at Port City Colombo has officially entered its construction phase, marking a major development in Sri Lanka's tourism and maritime landscape. The project is a joint venture between Browns Investments PLC, China Harbour Engineering Company (CHEC), and LOLC Holdings, covering 33,776 square meters with an estimated cost of USD 120 million. Scheduled for completion by 2027, the marina will accommodate up to 200 mid-to-large-sized vessels and feature restaurants, retail spaces, and entertainment facilities, aimed at attracting high-end tourists and promoting Colombo as a regional hub for luxury yachting.
Construction has officially started on the luxury marina development at Port City Colombo, a project expected to strengthen Sri Lanka's maritime infrastructure and upscale tourism offerings. A formal groundbreaking ceremony was held earlier this year to mark the launch of the development, which is a collaboration between Browns Investments PLC, China Harbour Engineering Company (CHEC), and LOLC Holdings. Advertisement
The marina will cover a land area of 33,776 square meters and is projected to cost USD 120 million, with completion targeted for 2027. Once operational, it will accommodate up to 200 mid-to-large-sized vessels, addressing the current gap in high-quality marina facilities in Sri Lanka.
Designed to be a vibrant hub, the marina will include modern restaurants, seaside bars, retail outlets, and entertainment spaces. It is expected to attract both international visitors and high-net-worth individuals from the region, enhancing Sri Lanka's tourism revenue and positioning Colombo as a key destination for luxury yachting in South Asia.
Beyond tourism, the project is anticipated to create thousands of direct and indirect employment opportunities, from construction to operational roles, contributing to the broader economic development of the country. The development also aligns with Sri Lanka's strategic goals of strengthening its maritime infrastructure and elevating Colombo's profile as a regional hub for luxury leisure and maritime activities.
The marina's strategic location and modern design are expected to draw additional investments in hospitality, retail, and recreational services around the Port City area, further boosting Colombo's economy and offering long-term benefits to the local community.
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