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Thursday , October 09, 2014 - 5.55 GMT

More British companies to invest in Sri Lanka


With the development of the tourism and hospitality sector in Sri Lanka, British companies are willing to invest in the sector. Therefore, the Sri Lankan Government should encourage and assist British companies to invest here, British High Commissioner John Rankin said.

Sri Lanka has a huge natural advantage and its unique cultural heritage, which could be promoted as a major tourist destination in the world.

Therefore, British tourists are interested in visiting Sri Lanka and British companies are interested in investing in tourism and hospitality sectors, Ranking told at the Institute of Hospitality of Sri Lanka Chapter Chairmanís 16th Black Tie Dinner held at Hotel Kingsbury on Friday. Rankin who was the Chief Guest at the event said that the Sri Lankan companies have potential to provide high quality service to the tourism and hospitality sector, which is on par with international standards.

But the government should encourage British companies to invest in Sri Lanka for the betterment of the sector, he said.

Ranking also said that the legislation also provide necessary support, encourage and protection for foreign companies to invest in the sector because it has a lot of potential to develop as a major tourist destinations in the world.

He also said that during the last several years British tourist arrivals to Sri Lanka had increased and last year there was a 5.4 percent growth compared to previous years.
Therefore, the professional link with UK will help to promote more British tourist into Sri Lanka, Rankin said.

Director General Sri Lanka Tourism Development Authority Dr D.S Jayaweera said Sri Lanka's tourism industry would be aiming at making available 40,000 more rooms within the next two years.

Dr. Jayaweera said this kind of room capacity was required and would be achieved within the next two years in a bid to provide sufficient capacity for the 2.5 million visitors in 2016.





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Last modified: October 09, 2014.

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