
Sri Lanka gives 25-year tax holiday to Port City CHEC real estate unit
ECONOMYNEXT – Sri Lanka has given a 25-year tax holiday, and the next 10 years at half the rate, to IFC Colombo 1 (Pvt) Ltd, which will develop a mixed use plot in the Colombo Port City. IFC Colombo 1 is a unit of CHEC Port City Colombo (Pvt) Ltd, which in …