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Monday, October 3, 2016

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Tourist arrivals from 2000 to 2010, clearly showing the rise in tourist  The restoration of a simple tax regime. arrivals in 2010 (over the rest of the decade) with political stability and economic resurgence of the country. With Sri Lanka being ranked at the first position in the “31 Places to go in 2010” published by the New York Times, co-hosting the Cricket World Cup from February to April 2011, and the year 2011 being declared as the “Visit Sri Lanka” year by the government, the country witnessed record levels of tourist arrivals in the early months of 2011; a trend that is expected to continue for the remainder of the year. In the present Sri Lankan government has started policy framework to support for investors and industry to increase its growing rate.  Simplification of licensing procedures.  Reduction of the high electricity tariffs.  Unification of the regulatory environment and creating a single authority for tourism promotion.  Creating opportunities to promote shopping of internationally reputed branded products and entertainment.  Simplification of the investment approval process by setting up of a “One Stop Shop” for tourism related investments.  Streamlining the process of alienating government land for tourism development projects.  Attracting internationally reputed tourist hotels and, above all  Environmentally friendly, clean-city concept for urban development

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