Tourism investments soar to $ 25 m in Q1

Friday, 11 April 2025 04:05 - - {{hitsCtrl.values.hits}}

Deputy Minister highlights untapped coastal potential

Tourism Deputy Minister Prof. Ruwan Ranasinghe on Wednesday pointed to growing investor confidence in the country’s tourism sector, noting that investments have already reached $ 25 million in the first quarter of 2025 — more than half of the total $ 40 million recorded in 2024.

Speaking to journalists, he highlighted significant untapped investment potential in areas such as the Kalpitiya islands, Kuchchaveli, and the southern coastal belt.

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