Sri Lanka to benefit from Sports Economy
Sports Minister appoints committee to identify
Sports Minister Mahindananda Aluthgamage has appointed an eight
member committee to identify strategies to set up a sports economy
following advices from President Mahinda Rajapaksa.
The committee headed by the Sports Ministry Secretary Anura
Jayawickckrama consists of Finance Ministry deputy secretary Dr B M S
Batagoda, Prof Arjuna de Silva, Shantha Weerakoon, Eshan de Silva,
Asanga Senaviratne, Indrajith Silva and Nishantha Ranathunge.
The committee is to compile a special report to identify strategies
and tactics to develop a sports economy. Last year the sports ministry
could revenue nearly US 100 million dollars to the country's economy by
organizing international sports events in Sri Lanka.
The ministry hopes to expand the revenue up to US 500 million dollars
by 2015 in line with the mid term sports development projects.
This includes organizing international sports events to boost income
in the tourists industry as well.
It was further revealed that the committee will consider more
participation in the foreign tournaments for the National Cricket Team
par with the recognition Sri Lankan Cricket team has gained in
There will also be opportunity to set up offices and operation
centres for international sports in Sri Lanka.
Developing accommodation facilities in most local hotels to
international standards, lifting taxes when importing sports goods,
attract more sponsors to sports from the private sector, manufacturing
sports goods locally and also for export, relief on tax and other
charges on hotels depending on the participating countries and
allocating developed sports infrastructure to international needs will
be some of the key areas the appointed committee will work on, the
Sports Ministry further noted.