The Central Point - Economic History Museum — Attraction in Colombo

THE CENTRAL POINT BUILDING

The Central Point building, with its stately Corinthian columns, large window panels, circular glass dome, and marble cladded interior, which continues to add lustre and charm to the landscape of Colombo.

This picturesque building was designed by Walker and Adams, Architects and construction was done by the Ralph McDonald Company.

It was opened in 1914, as the branch office of the National Mutual Life Association of Australasia Limited, an Insurance company based in Australia.

It was considered the tallest building in Colombo in 1914, and in the decade following. Today, it would undoubtedly be a construction that many historians would find of immense interest and value, as it exhibits a blend of cultures, traditions, lifestyles, customs, livelihood activities and architecture took place within the bustling coastal city.

In 1973, the Cooperative Wholesale Establishment of Sri Lanka (CWE) acquired this building from the National Mutual Life Association of Australasia Ltd.

In 1996, its interior was very badly impaired as a result of the massive terrorist bomb blast that occurred at the Central Bank premises, and had been in a highly dilapidated state until 2011, at which time the Central Bank acquired it from the CWE.

Immediately thereafter, the Central Bank started the restoration of the building, making every possible endeavour to preserve the architectural and archaeological value of the property, while also giving it the name “The Central Point Building”, as it is known today. The new name suits agreeably, as the building is located opposite the historic Clock Tower of Colombo, which is considered the “Central Point" of the island's road network.

As a tribute to the architectural, archaeological and economic importance of this historic building, the Central Bank has established the first ever “Economic History Museum of Sri Lanka” at this celebrated landmark.

Communications Department, Central Bank...

The Central Point – Economic History Museum is a little treasure for anyone passionate about the history of economics, especially in Sri Lanka. Conveniently located just opposite the Central Bank, this museum showcases a fascinating collection of coins and banknotes dating back to the era of our kings. To my surprise, entry is completely free – you simply register at the front desk and can start exploring. The exhibits give a great insight into how cash notes and coins are printed, as well as the evolution of currency through different periods. For collectors, some notes and coins are even available for purchase. While the display isn’t vast, each exhibit is thoughtfully curated and provides valuable information about Sri Lanka’s economic history. It’s a perfect place to spend an hour, and being on the same street as the Colombo Fort Clock Tower and a short walk from Galle Fort railway station makes it easy to combine with a stroll through the charming old colonial buildings and bustling street markets nearby. Overall, the Economic History Museum offers an enriching and accessible journey through the country’s financial heritage, celebrating both the artistry and history behind Sri...

The Economic History Museum in Colombo is a remarkable destination that offers free entry, making it accessible to all. This museum provides an enlightening journey through the history of Sri Lankan currency and its economic evolution. Visitors can explore an impressive display of banknotes and coins, showcasing their progression from past to present. The museum itself is housed in a beautiful building, featuring tasteful decorations that create a welcoming atmosphere. Each exhibit is thoughtfully curated, ensuring that guests not only learn about the financial history of the country but also appreciate the artistry involved. Overall, the Economic History Museum is an enriching experience that celebrates Sri Lanka's...