Lankapage Logo CP 20 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* US $ 10.96 Million grant from Korea to uplift Sri Lanka’s tourism industry
Thu, Jan 16, 2020, 05:51 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 16, Colombo: The Government of Korea has decided to provide a grant of US $ 10.96 million for the promotion of tourism industry in Sri Lanka. Ambassador of Korea to Sri Lanka, Heon Lee, said the grant will be given this year.

This was revealed during a discussion between the Minister of Industry, Export, Investment Promotion, Tourism and Aviation Minister Prasanna Ranatunga and the Korean Ambassador.

Accordingly, the Korean Government will provide a grant of US $ 5.6 million for the development projects of the community-friendly tourist village in Etanwala, Matale and US $ 5.36 million to develop the Kuchchaveli Tourism Zone.

Ambassador of Korea informed Minister Ranatunga that many high-level Korean businessmen are willing to invest in Sri Lanka with the security situation prevailing in the country since President Gotabhaya Rajapaksa assumed office.

The Ambassador pointed out that although there was a decline in arrivals of Korean tourists to Sri Lanka following the Easter Sunday attack, Korean tourists would like to return to Sri Lanka due to the prevailing situation in the country.

Minister Prasanna Ranatunga stressed that the new government is looking forward to expanding bilateral relations with Korea. Mr. Ranatunga said the government was willing to give more room for Korean investments.

 

ColomboPage - Recent 10 Stories ::
President emphasizes connecting all government institutions through a single data network
-- [37 minutes ago]
Army troops detect explosives and cannabis in two buses
-- [1 hour and 11 minutes ago]
Chinese research vessel “Xiang Yang Hong 06” conducts research on microorganisms in Sri Lankan waters
-- [2 hours ago]
New ADB President Masatsugu Asakawa assumes office
-- [3 hours ago]
UNF leaders decide to form a new alliance with Sajith as the leader
MP Ranjan Ramanayake’s bail application rejected
Avant Garde case: Chairman Nissanka Senadhipathi granted bail, five defendants acquitted
SLFP sacks former president Chandrika from Attanagalla organizer post
President intervenes to resolve environmental and people’s issues arising from the Norochcholai coal power plant
Sri Lanka exports and imports decline in November 2019

Copyright © 2000, 2020 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.