Govt targets US$ 1 b tourism revenue
Aggressive promotional campaign to be launched :
Rohan Mathes and Irangika Range
COLOMBO: The Government is to embark on an aggressive tourism
promotional drive aimed at achieving a US$ 1 billion earnings target
within the next two to three years while opening employment avenues in
the leisure sector.
This proposal has been submitted by Tourism Minister Milinda Moragoda.
Speaking to journalists at the weekly post-Cabinet press briefing,
Media Minister and Cabinet Spokesman Anura Priyadarshana Yapa said the
Cabinet has given approval to defer the implementation of the proposed
US$ 10 Visa fee from foreign passport holders till August 31 this year
while bringing the electricity rate for hotels on par with other
industries for the same period.
"Having consulted the industry, the Government has taken a decision
to provide a package of incentives in the immediate term to build
confidence and encourage the industry participants to work towards
attracting a large number of tourists and new markets for the season
commencing from September this year.
We are postponing the promulgation of the new Tourism Act No.38 of
2005 for a future date following the Government's decision to have
extensive consultations with the stakeholders and introduce necessary
amendments."
He said in the meantime transitional arrangements could be introduced
to facilitate the participation of all stakeholders in the public and
private sectors to work together in designing and implementing an
effective marketing and investment programme to revive the tourism
industry.
A separate Tourism Trust to administer the tourism Development Fund
will be set up.
This will have representatives from the Treasury, Ministry of
Tourism, Sri Lanka Tourism Board and three representatives from the
private sector including one member to represent small and medium
business entrepreneurs in the tourism sector.
The Minister said approval has been granted to provide import duty
concessions for selected items which are not available locally to
promote alternative tourism activities which exceed a Rs.100 million
investment.
A committee will be appointed representing the Central Bank, The
Ministry of Finance and Planning, Ministry of Tourism, Sri Lanka Tourism
Board and representatives from the tourism cluster of the National
Council for Economic Development for formulating a scheme to provide
debt relief on a case by case basis for the hotels worst affected by the
tsunami.
The progress of the aggressive tourist promotion campaign will be
reviewed after three months and a report submitted to the Cabinet of
Ministers for considering further expansion.
A committee will be appointed representing the Central Bank, The
Ministry of Finance and Planning, Ministry of Tourism, Sri Lanka Tourism
Board and representatives from the tourism cluster of the National
Council for Economic Development for formulation of a scheme to provide
debt relief on a case by case basis for the hotels worst affected by the
tsunami.
The progress of the aggressive tourist promotion campaign will be
reviewed after three months and a report submitted to the Cabinet of
Ministers for considering further expansion. |