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Cabinet approves amendments to Port City law on tax regime and oversight
Daily FT
|November 27, 2025
THE Cabinet has approved a set of amendments to the Colombo Port City Economic Commission Act, No.
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11 of 2021, aimed at revising the project’s tax framework, strengthening regulatory oversight, and restructuring institutional arrangements.The decisions were made at Cabinet meetings held on 7 July and 13 October, where Ministers agreed that the existing law required changes to improve supervision
This story is from the November 27, 2025 edition of Daily FT.
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