header logo
Asia asset finance
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
Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Govt assures fair paddy prices aligned with farmers' production costs

Govt assures fair paddy prices aligned with farmers' production costs

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Lassana Flora