$879 Million Tourism Investments Despite Pandemic  
Posted 29,April

By Chaveendra Dunuwille

In Local News

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In a recent interview the Minister of Tourism Prassana Ranatunga revealed that  despite the prevailing global Co-vid 19 pandemic Sri Lanka has received a total  of 54 new tourist projects in 2020 valued at $879.4 million.  

29/54 projects have been finalized valuing at $188.4 million and the rest are  expected to be finalized soon. The investments are being co-ordinated by the  specialized co-ordinating unit of the Sri Lanka Tourism Development Authority  (STDA).  

The minister also highlighted that Sri Lanka in the past 10 years a total of 854  investments have been made in the tourism sector of Sri Lanka bringing a total  of $7,026 million to the country. The minister further stated as part of the  government strategy they intend to focus on inbound tourism and plans to  develop the sector further in anticipation of the surge in tourist both local and  international following the defeat of the worldwide co-vid 19 pandemic.