header logo
Asia asset finance
Mogo Academy
Latest
Sri Lanka to import 1,000 vehicles to improve tourism sector transportation
Apr 02, 202410:10 PM
Sri Lanka to import 1,000 vehicles to improve tourism sector transportation

The government has decided to import a total of 1,000 buses and vans to improve the transportation facilities provided to tourists.

 

Accordingly, in a bid to boost the tourism sector, the Cabinet of Ministers granted approval to a proposal presented by the Minister of Tourism and Lands to import 750 vans and 250 buses.

 

As per the proposal, 6-15-seater vans, as well as 16-30-seater (small) buses and 30-45-seater (large) buses are planned to be imported, without any special tax relief.

 

The government says that, although it is considered a custom in the tourist industry that vehicles engaged in the industry for tourist transportation should not be used for more than 6 years, it is apparent that the condition of the vehicles used in the industry is not satisfactory and sufficient.

 

In a statement, it added that the fame earned by Sri Lanka as a prominent tourist destination is tarnished due to the usage of age-old vehicles as a result of the limitation of vehicles and essential spare parts.

 

Therefore, the requirement of importing vehicles essential for enhancing the industry has been recognized by the government, considering the contribution to the tourist industry within the economic revival process of Sri Lanka.

 

 

 

MostRead
Mobitel 5g
VideoStories
 Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

 “Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

“Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

 Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

CID informs court of probe into contempt allegations against six persons including ex-Ministers

CID informs court of probe into contempt allegations against six persons including ex-Ministers

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Lassana Flora