Sri Lanka serves as a pivotal connectivity hub, strategically located at the heart of the Indian Ocean’s East-West trade routes, including the vital Strait of Malacca, Strait of Hormuz, and Bab-El-Mandeb. The Strait of Malacca alone handles about 60% of global maritime transport, while the Strait of Hormuz is crucial for global oil supply.
Known as the “Pearl of the Indian Ocean,” Sri Lanka boasts a rich cultural heritage and stunning natural beauty, from its pristine beaches to lush hill country tea estates and biodiverse forests. The country’s long-standing history in gem and spice trading further enhances its appeal, alongside its world-renowned tea.
Sri Lanka operates three major ports, with the Port of Colombo ranked as the top-performing port in South Asia and 28th globally. The nation’s four international airports facilitate easy access to top destinations within four hours, making it an ideal transit hub for long-haul flights.
Moreover, Sri Lanka’s extensive road networks and newly developed highways ensure the fast and secure transport of goods across the island, significantly boosting trade prospects. With an economy projected to grow by 3.1% by 2027 and 2028, according to the Central Bank of Sri Lanka, the country presents a promising outlook for investors seeking to tap into this dynamic region.
The APAC region is a powerhouse of economic growth, home to 235 Fortune Global 500 companies, and accounted for 70% of global GDP growth in 2023. Sri Lanka, strategically positioned within this dynamic region, offers easy access to high-capital opportunities in international business and trade, making it an attractive hub for global investors seeking to tap into the region’s vast potential.
Sri Lanka is on a path to economic growth, with projections indicating a 5% increase by 2027.
Boasting a robust, growth-oriented economy, a large pool of skilled professionals, and a thriving service sector, Sri Lanka stands out as one of the top-performing countries in South Asia. Positioned strategically within a fast-growing region, the country offers numerous opportunities for investors and businesses looking to capitalize on its dynamic market and favorable economic conditions.
Sri Lanka’s economy is on a positive growth trajectory, driven by economic diversification and service-sector development in information technology (IT) and IT-enabled services.
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