Sri Lanka to expand blue economy with marinas in 21 fishery harbours

• 5opn1
• December 3, 2024
• Business News
• Sri Lanka to expand blue economy with marinas in 21 fishery harbours
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Sri Lanka has untapped potential in marine linked activities, with 1,340 kilometres of coastline and two seasons that allow year-round action, and can be expanded into a billion US dollar industry quickly, an industry official said.

“The geographical location offers yacht chartering, boating, whale watching, whatever you call, all the sea-based activities,” Kaushal Rajapaksa, Chairman, Chamber of Marine Industries of Sri Lanka told participants of Voyage Sri Lanka 2024, a forum organized by the island’s Export Development Board.

Despite the long coastline, and domestic manufacturers of leisure boats, there was a dearth of yacht marinas to get the sector moving.

Colombo Port City is expected to have a ‘mega marina’ by 2027. There were 21 fishery harbours around the country.

The chamber has been in discussions with authorities to set up mini marinas within the fishery harbours.