EU provides Euro 3.5 million to revive tourism industry

The European Union (EU) has offered a grant of Euro 3.5 million to resurrect the beleaguered tourism industry during a discussion with Minister of Industrial Exports, Investment Promotion, Tourism and Aviation Prasanna Ranatunga.  

EU Ambassador to Sri Lanka Denis Chaibi requested Minister Ranatunga to submit the requisite proposals which will match up to the grant which was made at the meeting between the two.  

The EU said that the grant was a measure of goodwill of the EU to resurrect the already beleaguered Sri Lankan tourism industry

The government plans to increase tourist arrivals to seven million and to increase the foreign exchange revenue to US$ 10 Billion by 2025, Minister Ranatunga added.