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04:46

Raised from the ocean, a $15 billion vision for Sri Lanka's future.

Welcome to Port City Colombo — 269 hectares of reclaimed land set to become a new gateway connecting the Asia-Pacific with the world.

Inspired by China's Shenzhen, the ambitious development is attracting international businesses, investors and talent. From luxury apartments to a growing IT hub, more than 200 companies have already registered here. Swiss-headquartered IGT1, for example, has grown to nearly 500 employees in just over two years.

For Sri Lanka, still working to rebuild its economy after a sovereign debt crisis and a slump in tourism, Port City represents something bigger than a real estate project: a push to become a regional hub for IT services, finance and logistics.

With Chinese investment and development expertise helping drive the project forward, can this new city become a turning point for Sri Lanka's economy?

Xu Xinchen takes you inside Port City Colombo.

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China builds Sri Lanka's $15 billion city