July 13, 2015 (LBO) – Sri Lanka has to continue to invest in improving domestic transport and air connectivity in order to realize the full potential of the industry, a report by a stockbroker said.
“At present Sri Lanka’s road network is improving at a slow but steady pace with some of the key areas within the Colombo city and Kandy been the main points of road congestion,” Bartleet Religare Securities (BRS) in a report on the hotel industry said.
“The proposed Colombo-Kandy expressway is expected to ease a tourist’s travel time and connect the country’s hill capital with the commercial capital,”
“While the completion of the Katunayake expressway and the Southern expressway contributed immensely in reducing the travel time from the Bandaranaike International Airport (BIA), the country’s main airport and to the beach resorts in the Southern coastal region.”
Sri Lanka’s first ever expressway from the capital of Colombo to Galle, Southern Expressway was opened in November 2011 while the second stage of the Southern expressway extending to Matara was opened in 2014.
The Colombo-Katunayake expressway connects the capital Colombo with the BIA.
The newest expressway in the Island is the outer-circular expressway from Kaduwela to Kottawa connecting to the Southern Expressway.
Sri Lanka’s airports include BIA serving international flights and Ratmalana Airport which serves as a major domestic airport.
At present the country’s national carrier Sri Lankan airlines flies to 95 destinations over 45 countries from its base at BIA.
The report says, with the airline joining the ‘One World Alliance’ in April 2014 the airline is able to offer increased connections across a global network.
“We believe the expansion projects set to take place at the BIA will augur well for expected tourist inflow,” the report said.