Cabinet moves Port City Strategic Enterprise designations to Parliament

The Cabinet of Ministers has approved the submission to Parliament of three Extraordinary Gazette notifications designating companies operating in Colombo Port City as Primary Enterprises of Strategic Importance under the Colombo Port City Economic Commission Act No. 11 of 2021.

Addressing the weekly post-Cabinet meeting media briefing yesterday, Cabinet Spokesperson and Minister Dr. Nalinda Jayatissa said the notifications relate to Marina Hotel Holdings Ltd., Home Lands Port City Ltd., and Prime Melva Port City Ltd.

The Gazette notification relating to Marina Hotel Holdings was issued as Extraordinary Gazette No. 2483/17 on 10 April 2026, while the notifications covering Home Lands Port City and Prime Melva Port City were issued as Extraordinary Gazette Nos. 2488/03 and 2488/04, respectively, on 11 May 2026.

Dr. Jayatissa said Cabinet had approved the designation of Marina Hotel Holdings as a Primary Enterprise of Strategic Importance at its meeting on 30 March 2026. Similar approvals were granted for Prime Melva Port City and Home Lands Port City at the Cabinet meeting held on 4 May 2026.

The designations were subsequently formalised through the respective Extraordinary Gazette notifications issued under the Colombo Port City Economic Commission Act.

The latest Cabinet decision will now enable the three notifications to be placed before Parliament for approval.

The proposal to this effect was submitted by President Anura Kumara Dissanayake in his capacity as the Finance, Planning and Economic Development Minister.

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