Copyright © 2020 Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI) Cover image courtesy of CHEC Port City Colombo (Pvt) Ltd Terms of use LKI is not responsible for errors or any consequences arising from the use of information contained herein. The views expressed in this report are those of the author(s). They are not the institutional views of LKI and do not necessarily reflect the position of any other institution or individual with which an author is affiliated. Lakshman Kadirgamar Institute of International Relations and Strategic Studies 24 Horton Place, Colombo 7, Sri Lanka Email:
[email protected]. Website: www.lki.lk 2 Acknowledgements This study was undertaken by the Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI) at the request of CHEC Port City Colombo (Pvt) Ltd. The assignment was to conduct an independent study on the long-term competitiveness of the Port City SEZ and its potential to become a catalyst for services-led growth in Sri Lanka. The research was conducted between mid- October 2019 and end February 2020. A minor revision was undertaken in April. The core LKI study team consisted of Dr. Ganeshan Wignaraja (Executive Director, LKI), Mr. Adam Collins (former Research Fellow, LKI) and Ms. Angela Hüttemann (Research Fellow, LKI). Valuable inputs and suggestions were provided by several LKI colleagues including Dr. Dinusha Panditaratne (Non-Resident Fellow and Former Executive Director, LKI), Ms. Anishka De Zylva (Global Scholar, LKI), Ms. Pabasara Kannangara (Research Associate, LKI), and Ms. Chathuni Pabasara (Senior Research Assistant, LKI). Radhika De Silva (Deputy Director, LKI) and her team provided able administrative support for the study.