ECONOMYNEXT – Sri Lanka is seeking a 175 million US dollar investment to establish an exclusive tourist port in Galle to attract more foreign cruise vessels to boost tourism, the state owned Port Authority said on Wednesday (26).
Sri Lanka Ports Authority has planned to change the existing port in Galle as a fully fledged tourist port including a 150-metre length cruise berth, reclamation to increase Galle’s land area by another 40 hectares with a “super modern real estate business mode”l, and a state-of-art cruise terminal.
“This is a unique, valuable, once-in-a-lifetime investment opportunity to inverters who are looking to do business in Sri Lanka,” the SLPA said in a project document.
“The expected investment is USD 175 million. The return on investment from the project is ensured with promising demand of real estate developments connected with tourism.”
“This project is open for potential investors through the Expression of Interest (EOI) and Request for Proposal (RFP) process.” (Colombo/Jan26/2022)