TOURIST TRADE
Sri Lanka government to ease tourism regulations further
As Sri Lanka recovers from the events that took place in April this year and regains its position among the best tourist destinations in the world, its government is said to be in the process of assisting that recovery by simplifying tourism regulations, and measures such as providing a single window, relaxing red tape and issuing free visas on arrival.
These measures are expected to boost the local tourism industry and promote the flow of investment into the country.
In conversation with CNN anchor and business correspondent Richard Quest at the Cinnamon Future of Tourism Summit, Prime Minister Ranil Wickremesinghe stated that the development of tourism would require a renewed focus on infrastructure, which includes providing debt moratoriums and other financial benefits to the travel sector, on the part of the government.
Road development measures, along with plans of opening the Palali, Mattala and Batticaloa airports, are reportedly underway.
The prime minister went on to note: “The private sector must look at offering more education options for the travel industry and the government will support this initiative by offering interest free loans.”