Sri Lankan government seeks private investments for JVs to include tourism services in fisheries sector
The Government of Sri Lanka is to seek private investments to commence joint ventures in the fisheries sector by including tourism services into it. The move is expected to increase commercial activities at fishery harbours around the island.
According to reports, the new ventures will be set up with international and domestic investors and the fishery community.
Fisheries Minister Mahinda Amaraweera has proposed to the government the diversification into new commercial activities, which will expand jobs at harbours and anchorage as well as create entrepreneurs among fishing communities.
The Cabinet of Minister has last week approved the proposal by the Fisheries Minister.
The latest decision by the Sri Lankan government has open up the opportunity of foreign investors investing in tourism services apart from activities aimed at adding value to the fish catch and boat building as well as repair services.
|Article Code :||VBS/AT/19122017/Z_3|