Sri Lanka to develop Pettah Floating Market, World Market and International Gold Centre
The government of Sri Lanka is reportedly looking at taking steps to develop and transform the Pettah Floating Market, the World Market and the International Gem and Jewellery Trade Centre into tourist destinations in the country’s commercial capital – Colombo.
This observation was made by Sri Lanka’s State Minister for Urban Development State Gamini Lokuge during an inspection tour of the area recently.
The State Minister was accompanied by Hambantota District Parliamentarians Namal Rajapaksa, D.V. Chanaka, Urban Development Authority (UDA) Chairman Harshan de Silva, Director General Prasad Ranaweera, Town Planning Director Thushari Kariyawasam and several members of the Colombo Municipal Council during the inspection tour. Colombo Businessmen’s Association President Dr. Venkateswaran and General Secretary Chaminda Vidanagamage were also present on the occasion.
Sri Lanka’s President Gotabaya Rajapaksa developed the Colombo Fort and Pettah areas into a picturesque and efficient service centre during his tenure as Defence Secretary several years ago.
The Pettah Floating Market, Gem and Jewellery Sales Centre and the World Market were built as part of this objective.
During the recent inspection tour it had reportedly been agreed to revive and re-develop these important commercial landmarks by March this year with the active participation of the UDA, Colombo Businessmen’s Association and the Colombo Municipal Council and the intervention of state and private sector entrepreneurs.
Meanwhile, General Secretary of the Colombo Businessmen’s Association Chaminda Vidanagamage has said that their Association had already submitted proposals towards achieving this objective soon and that they could be implemented in three stages, namely, in the short, medium and long term.
OSL take:
The urban development programme of the government of Sri Lanka would open up many business opportunities in Sri Lanka. The country is currently engaged in a megapolis development programme that includes many large scale projects as well. Foreign businesses could therefore explore business opportunities in Sri Lanka’s urban development programme.
| Article Code : | VBS/AT/20200123/Z_4 |