Business
Port City announces Sri Lanka’s most comprehensive urban development rules
by Sanath Nanayakkare
Port City Colombo, spanning over 269 hectares of land reclaimed from the ocean, yesterday announced its Development Control Regulations (DCR) to be followed by developers, residents, investors and all other stakeholders using any of Port City Colombo’s plots.
“These development regulations are Sri Lanka’s most comprehensive rules ever, governing the development intensity, structural setup and height of buildings”, the Economic Commission of Colombo Port City said.
“It serves as an effective planning tool to regulate development in a logical and orderly fashion,” they said.
The Commission further said: “These regulations are divided into 4 segments; Urban Design, Utility, Landscape, and Sustainability. The development control regulations establish a framework for the development of building masses, land uses, solid void ratios, green and public spaces, localized characteristics, utility network and usage, and sustainability measures, among other things.”
“The sustainable solutions include means to reduce net water consumption through the implementation of water conservation measures and use of low water consumption fixtures, fittings and equipment have been included, whilst the use of renewable energy solutions, methods to enhance environmental quality, recycling of wastewater and disposal, improved public space and sustainable transport methods etc. have been taken into account and clear solutions included.”
“The DCR plays a key role in achieving Port City Colombo’s vision of building a world class city for South Asia, generating business, tourism and supporting a high quality of life.”
Acting Director General of Colombo Port City Economic Commission Dr. Priyath Bandu Wickrama chaired the program and explained the importance of introducing regulations which can be a benchmark to other city developments in Sri Lanka.
These regulations were introduced by the project company, CHEC Port City Colombo in 2018. It was prepared by Singapore-based Subrana Jurong, one of Asia’s largest urban, industrial, and infrastructure consulting firms with technical assistance of the UK-based prominent engineering consultancy firm Atkins.
They were incorporated to the Port City master plan which was designed by a Sweden-based planning consultant, SWECO. The regulations were further evaluated by the Urban Development Authority of Sri Lanka and related government agencies before it was gazetted.
The regulatory guidance provides landowners and developers with a clear picture of what can be developed on any particular plot within the city.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”