Nod for boating complex
Export earning tops Rs 4.5 billion:
The boat building industry has become a major money spinner for the
The export value contributed by the boat building industry has
doubled in 2009 to Rs 4.5 billion. It was Rs 2.24 billion in 2008.
The industry’s future looks bright. The country needs to participate
in international boat shows as a marketing strategy to attract demand.
Boat manufacturers have opportunities in the leisure and commercial
sectors to capture markets.
Sri Lanka needs to participate in reputed international boat shows
and build buyer-seller linkages and business relationships.
Shows in countries such as London, Netherlands, Germany, USA and
France are important in this regard.
A positive response has received from the Government to a proposal
for a dedicated boating complex to house manufacturing units for export
An advisory committee on boat building and allied trade has been set
up. Its proposal will be considered in the next budget, Advisory
Committee Chairman Gamini B. Herath told the Daily News Business.
“We are in the process of locating a suitable land for this complex.
We have identified Trincomalee and Beruwela.
A feasibility study will be conducted shortly at a cost of Rs 75
million,” Herath said.
The complex will be dedicated for boat building to fuel export
growth. Local boats have a growing demand in the international market.
A boat exhibition venue and a centre for boating will be set up in
Beruwela to have a marina to berth yachts.
This area will be developed for leisure boating. Many commercial
activities are expected to take place. This will be a tourist attraction
and also additional entertainment for the tourists.
“We are promoting the house boat concept to be popularized among
tourists as a measure to provide accommodation as an extension facility.
This will also be an outing in the water,” Herath said.
The advisory committee on boating industry is currently conducting a
study on the tariff and non-tariff barriers. They are working on this
issue and expects to rationalize the process.
The industry hopes that the Government will relax the capacity of
out- board motor engines as a development measure.
Boat Show Sri Lanka 2010
The Boat Show Sri Lanka 2010 organized by the Boat Building
Technology Improvement Institute Lanka will be held from April 24 to 26
at the BMICH Colombo.
The intention of the organizers is to provide a forum for all the
related business sectors involved directly and indirectly with the
boating industry to display and promote their respective sectors to
their potential clients.
The sectors include suppliers of leisure, pleasure, industrial and
commercial, fishing vessels, material, engines, interior fixtures,
fittings, electrical and electronic devices, navigation equipment,
onboard safety equipment, water sports gear and equipment, credit
insurance, providers of service to industry such as investment
promotion, marketing and export facilitation, repairs to boats hull,
engines and other equipment and training providers in boat building,
sailing, navigation and seamen training.