The Tourism Investment Approval Process to be Automated by the SLTDA

26th October, 2020 News and Updates

Sri Lanka Tourism Development Authority has introduced a hassle-free project approval process for tourism investments made in the country. This process will take place via the facilitation services provided by the Investor Relations Unit (IRU). This action was taken to minimize the paperwork investors need to fill out when making investments in the tourism sector in Sri Lanka. The main objective of this initiative is to provide investors with an efficient, effective, and hassle-free investment facilitation process. Since the year 2010, the Investor Relations Unit of SLTDA has approved 530 projects bringing in a total value of $3789.04 million.

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