Source: Xinhua | 2025-03-18 | Editor:Ines
Sri Lanka has issued regulations with regard to leisure craft operations and managing the registration of visiting yachts, the country's Export Development Board (EDB) said in a statement on Monday.
This is a significant step toward fostering the growth of Sri Lanka's boat-building and boating industry, the EDB said.
The EDB said this framework aims to enhance the sector's potential, driving it forward with greater international competitiveness.
Boat and shipbuilding is not only a rapidly emerging export sector but also a multi-million dollar industry with the potential to open new economic opportunities for Sri Lanka, according to the EDB.
With the nation's capacity to build and operate yachts for chartering and nautical activities, there is a unique opportunity to enhance the nautical tourism industry by attracting foreign yachts and visitors to Sri Lankan waters, the EDB said.
Activities like whale and dolphin watching, scuba diving, leisure fishing, and water sports are available throughout the year and will help boost the tourism sector. However, there was a gap in regulating leisure craft operations and managing the registration of visiting yachts, which posed challenges to the industry's growth, the EDB said.
The government has recognized the importance of developing this sector and allocated funds to establish a robust regulatory framework, THE EDB said.
participate in a parade ahead of World Obesity Day in Colombo, Sri Lanka on March 2, 2025. World Obesity Day will be observed on March 4, 2025
Sri Lanka has deployed over 4,700 Civil Security Force personnel to safeguard electric fences established to mitigate human-elephant conflict, Minister of Env...
Sri Lanka's Secretary to the Ministry of Defense Sampath Thuyacontha announced on Monday that he has ordered the immediate arrest of all military deserters.
The Colombo Fashion Week kicked off here on Wednesday.
An artist from Wuxi Chinese Orchestra performs at the Happy Chinese New Year Lantern Festival Concert at Nelum Pokuna in Colombo, Sri Lanka, Feb. 12, 2025.
Sri Lanka's cabinet has approved various government institutions to recruit nearly 7,500 people to fill existing vacancies, following recommendations from a com...
Sri Lanka's Coconut Cultivation Board has set a target of planting 2.5 million coconut plants in 2025, said an official on Sunday.
Sri Lanka has high expectations from China's vast outbound tourism market, industry insiders say.
The Independence Day parade is held in Colombo, Sri Lanka, Feb. 4, 2025. Sri Lanka celebrated its 77th Independence Day on Tuesday.
Sri Lanka's international airports handled over 8.8 million passenger arrivals and departures in 2024, a senior official from Airport and Aviation Services (Sri...