ADB urges strategic push for Lanka's blue economy

Asian Development Bank (ADB) Country Director for Sri Lanka, Takafumi Kadono, has called for a strategic and sustainable approach to developing the nation’s blue economy, stressing the need for investment, regulation, and branding to fully harness the island’s vast maritime resources.

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Speaking at a high-level forum, Kadono said Sri Lanka is uniquely positioned to lead in ocean-based development, but success hinges on protecting marine ecosystems, empowering coastal communities, and ensuring long-term resilience.

“You have everything,” he noted. “But there needs to be further investment, better regulation, and branding. It’s not just about enjoying the ocean—it’s about protecting it and shaping a more resilient future.”