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Retail

Staff Reporter

, Singapore

Published:

3 years ago

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Dr. Priyath B. Wickrama (Director General of the Colombo Port City Economic Commission) and Ms. Keira Zhang (Founder & CEO of ODF) at the Authorised Person Agreement Signing Ceremony (Photo from ODF)

One World Duty Free inks agreement to operate duty-free store in Sri Lanka

Construction would begin in mid-2023.

One World Duty-Free (ODF) signed agreements with the Colombo Port City Economic Commission to operate Sri Lanka's first downtown duty-free store.

The Singapore-owned duty-free operator agreed to build and operate the 1,250 square metres duty-free store at Port City Colombo within the 7,000-square-metre Port City Duty-Free Mall.

Construction of the ODF downtown duty-free store in Port City Colombo would begin in mid-2023, with trading planned to kick off by the end of the year.

Once completed, it would offer a curated mix of international brands spanning beauty, wellness, spirits and wines, and fashion toward a diverse customer base of tourists, expatriates, and locals.

"In our partners at Port City Colombo, we recognise a level of ambition aligned with ODF's game-changing approach to duty-free retail. The opportunity to showcase our credentials on the world stage and contribute to creating a landmark destination in Asia is a key milestone in ODF's journey of progressive expansion across Asia," said Kiera Zhang, founder and CEO of ODF.

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