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Govt to woo modern Fintech, new Digital Exchanges to Colombo Port City

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He said that the government has drawn up a new legislature to make investments to the Port City to be done with less red tape as the government considers Port City as a major catalyst for developing Sri Lanka.

The Minister expressed these views while participating in the inauguration of introducing the “ATV Driving Track” (Colombo Dunes Driving Track) which was constructed for the first time in Sri Lanka for driving on sand mountains by the Crate Adventure organization. This track is the first eco adventure ATV driving track to be built in South Asia and it is a pride for Sri Lanka.

An opportunity for both local and foreign tourists to drive on AVT sand mountains in close proximity to the attractive beach created by man for the first time in Sri Lanka at the Port City and it will help to minimize physical and mental fatigue within the urban environment in Colombo. He said that the investment and FDI potential in sports has never been exploited and he hoped to take a lead in this area and to create a US$ one billion sports economy within the upcoming three years.

“For the first time in Sri Lanka sports history a sports goods and sports appeals/ shoes manufacturing facility would be created in Mahiyangana and ATV vehicles along with several others sports goods would be manufactured for both local and export. He said that sports can also benefit tourism. The first country in Asia to play cricket within a biosecurity bubble was Sri Lanka when the island hosted the LPL tournament.

“We have received an economy of 100 million dollars when you consider cricket, football and athletics all together.”

Creator of the Colombo Dunes Driving Track, Rahul Thanthirige said that they invested nearly Rs. 100 million for this venture which is the third public space opened by the Colombo Port City for the public after the Gild and Marina.

“We have already marketed this for locals and tourists and we have strong forward bookings for this. In late 2017, Crate Adventure Pvt Ltd identified the gap in Sri Lanka between general tourism and adventure tourism and launched our first project in Gampaha. Colombo Dunes Driving Track will also add another tourism promotion for Sri Lankan tourism adding more value to the destination.

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