Germany-based Sri Lankan urges diaspora to invest in SL's economic revival

■ Says Sri Lanka has potential to be a key hotspot for cruise tourism in the Indian Ocean ■ Emphasises Sri Lanka is on the right track with the new administration ■ Asserts it is the right time for international companies to invest

- BY SHANIKA SRIYANANDA

A Germany-based Sri Lankan professional is looking at investment opportunities aimed at strengthening Sri Lanka's long-term economic cooperation with Germany focusing on cruise tourism, education and cuisine sector partnerships that have the potential to create new jobs while promoting tourism.

The Lead for Ocean Cruise Line in North America of the Germany-based Livecookintable Thushaan Kunabalasingam said that there was a conducive environment now for new investments in Sri Lanka.

"Sri Lanka is on the right track with the new administration, and I believe now is the right time for international companies to invest," he said "My aim is to open doors that can benefit the country across tourism, hospitality, and education."

As the person responsible for ocean cruise operations in North America, Kunabalasingam works closely with leading cruise operators that serve global markets. He is now leveraging those networks to bring more large-scale international liners to Sri Lanka.

During his recent visit to Sri Lanka, he held discussions with several Government Ministers and top officials to explore investment opportunities. His discussion with the Sri Lanka Ports Authority (SLPA) Chairman, was focused on enabling the arrival of vessels carrying 5,000-7,000 passengers.

He said major operators, including those calling frequently at Indian ports, bypass Colombo despite its strategic location. "Sri Lanka has the potential to be a key hotspot for cruise tourism in the Indian Ocean. With proper coordination between ports, travel agencies, and hotels, Colombo can emerge as a preferred destination," he told the Daily FT.