Sri Lanka signs agreement to boost tourism

Published on : Saturday, July 20, 2019

Sri Lanka’s state-owned Board of Investment (BOI) announced that it has signed an agreement with foreign investors to construct an entertainment park in Colombo that will help in further boosting the islands tourism.

 

 

The project will be carried out by the Melchers Group to construct the Fantasy Island which will require an investment of 4 million US dollars.

 

 

Alexander Melchers, managing director of the Melchers Group in South-East Asia and founding investor of the entertainment park said that Sri Lanka has made great progress to build hotels and infrastructure. Now, the Fantasy Island is the beginning of the next development phase of the tourism industry.

 

 

They will provide a purpose-built, state-of-the-art family entertainment attraction to cater for international and local tourists and residents. He felt confident in the business outlook in Sri Lanka. They  represent German, Singaporean, and Swiss investors who believe in the long term potential of Sri Lanka.

 

 

There will be a 40-meter Ferris wheel in the Fantasy Land, an indoor snow experience along with a waterplay area that will have waterslides.

 

 

The country’s three-decade civil conflict ended in 2008 and it made huge recovery after that.Since then tourism has been  one of the largest foreign exchange earners in the island country.

Related Posts

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *

*

code

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 20 satte 2020
  • 20 uzakrota Istanbul 2019
  • 21 ameistanbul 2020
  • 22 BLTM Banner 2020
  • 22 iitm 2020
  • 23 Emitt 2020
  • 24 OTM-Banner 2020
  • 25 aviation-festival-asia 2020
  • 25 fitur 2020
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. HOTELIER SUMMIT SOUTHEAST ASIA

      Nov 13, 2019 - Jan 14, 2020
    2. DRT SHOW HONG KONG

      December 13 - December 15
    3. REISELIV MESSEN OSLO 2020

      Jan 4, 2020 - Jan 5, 2020
    4. LAIKI TECNHI 2020

      Jan 8, 2020 - Jan 12, 2020
    5. SATTE 2020

      Jan 8, 2020 - Jan 10, 2020
Get our toolbar!
Review www.travelandtourworld.com on alexa.com