Sri Lanka needs more marinas

The Belgian delegation who is currently in Sri Lanka for closer economic cooperation said that they were impressed by the way the Board of Investment’s response to their investment proposals.

“We came to Sri Lanka with an open mind and our intention was not to enter in to contracts immediately, but to explore the possible investment options.

The process will continue for a few more months and we are pleased with the progress made so far,” a potential Belgian investor said.

Belgium is looking at investing in the tourism industry that has tremendous potential and will be contributing positively for its development. “We are willing to be development partners,” he said.

This is the right moment as Sri Lanka is on a rapid development drive. With infrastructure development that is taking place in the country there is a need for marinas to provide related facilities.

Sri Lanka needs at least 10 marinas and this will benefit the country with its port development projects currently under way, he said. The investment, trade and tourism sector growth will provide strong effect that the country will have added advantage.

“The political stability and the conducive environment are plus factor for Sri Lanka and we are taking stock of what we have to do in the near future,” a delegate said.

A Belgian trade and investment delegation consisting of 40 companies in the fields of agro-food, machinery, construction, interior, energy, fisheries and gems.

SJ