New Marina in Port City Colombo Set to Transform Sri Lanka’s Tourism and Investment Landscape
Sri Lanka is poised to become a new hotspot for regional tourism and investment with the construction of a state-of-the-art marina in Port City Colombo. Sri Lankan Foreign Minister Vijitha Herath announced at a groundbreaking ceremony on Friday that this development will serve as a significant platform for attracting foreign investment and enhancing the country’s international image.
“The Port City is an important platform for Sri Lanka to attract foreign investment and enhance its international image,” Herath said. “The development of the marina will fill the gap in high-end maritime services in South Asia and attract more high-net-worth tourists.”
The marina is expected to promote cultural and economic cooperation between Sri Lanka and China, aiding the nation in achieving its tourism revenue goals. The project signifies a strengthening relationship that could lead to increased opportunities and mutual growth.
Harsha Amarasekera, chairman of the Colombo Port City Economic Commission, expressed optimism about the economic impact of the new development. “The port city will continue to inject new impetus into Sri Lanka’s economy,” Amarasekera stated. “The commencement of the new project will not only help the port city create more employment opportunities but will also more effectively attract international high-end brands to settle in, boosting Sri Lanka’s economic recovery.”
Covering an area of approximately 20,400 square meters with a construction area of about 49,000 square meters, the marina commercial project is poised to offer cutting-edge maritime services. This development is anticipated to position Sri Lanka as a premier destination for luxury tourism and a hub for maritime business in the region.
The project is expected to have a ripple effect on the local economy, creating jobs, encouraging foreign direct investment, and enhancing the nation’s infrastructure. With this significant step forward, Sri Lanka is set to emerge stronger in the global economic landscape, offering new opportunities for investors and travelers alike.
Reference(s):
FM: New construction promotes Sri Lanka's regional tourism, investment
cgtn.com
