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Investment opportunities in tourism in the East

Jun 16, 2010 5:17:51 AM - itnnews.lk

Many new investment opportunities are available in the tourism sector in the Eastern Province.

Several new projects in the tourism sector are due to be launched in the province with the nod of the Board of Investment. Many local investors are willing to get involved in this project. It is desired to build 4000 tourist hotel rooms in the Trincomalee District alone.

Then value of investment is in the region is 20 billion rupees. 3000 rooms will be constructed in Kuchchaveli while 1000 hotel rooms are planned to be built in Pasikudah. Work on the Pasikudah project is already underway. It is due to be completed before the end of next year.