Opportunity Sri Lanka | » Sri Lankan government to commence passenger boat service on canals in Colombo with navy assistance
Sri Lankan government to commence passenger boat service on canals in Colombo with navy assistance

Sri Lankan government to commence passenger boat service on canals in Colombo with navy assistance

The government of Sri Lankan is preparing to launch a passenger boat service on canals in the country’s commercial capital, Colombo with assistance from the Sri Lanka Navy.
The navy is expected to assist in the endeavor before attracting private investment into the initiative to make use of inland waterways, the local media has reported.
The Cabinet of Ministers in Sri Lanka has reportedly considered a proposal by Sri Lanka’s Minister of Megapolis and Western Development Patali Champika Ranawaka on the two-year project.
According to reports, it aims to provide a boat service linking the Fort area with Union Place through the Beira Lake, the state information office said.
Accordingly, the project is to be done with the assistance of the Sri Lanka Navy which will buy the necessary vessels and build jetties.
Two other routes that have been approved are the canals that run from Baththaramulla to Wellawatta, and from Mattakkuliya to Hanwella through the Kelani river.

OSL take:

The launching of a new passenger boat service in canals in the city of Colombo would be an attraction for local and foreign visitors a like. The project that is to be launched initially with the Sri Lanka Navy is to gradually seek for private sector players to form a public private partnership to carry out the service. Apart from the boating service, private sector investors could also look at investing in the setting up of recreational sites and other leisure activities along the canal routes to add to the experiences of the boat passengers. The canal boat service would provide an excellent investment opportunity for water sports companies and other companies engaged in providing leisure activities.

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Article Code : VBS/AT/27082018/Z_4

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