Korea to provide Won 2.17 Bn to develop Kuchchaveli tourism zone | Daily News

Korea to provide Won 2.17 Bn to develop Kuchchaveli tourism zone

The Sri Lanka Tourism Development Authority (SLTDA) has proposed the implementation of a “community-based tourism development project” under the sponsorship of the Korean Tourism Organization focusing along the Kuchchaveli tourism development areas owned by the Authority, Cabinet Spokesman and Mass Media Minister Dr. Bandula Gunawardena said. He was speaking at the weekly Cabinet media briefing held at the Government Information Department yesterday.

A delegation of the Korea Tourism Organization has conducted a feasibility study on the relevant project proposal. Accordingly, South Korea has agreed to provide financial assistance to the tune

2.172 billion South Korean Won for the implementation of the entire proposed project.

As the first phase, it has been agreed to provide a grant of 400 million Korean won for the preparation of the overall plan of the relevant tourism development project, the preparation of the training program and the implementation of a pilot training program.

The Cabinet of Ministers approved the proposal presented by the Tourism Minister to enter into a Memorandum of Understanding between the Korea Tourism Organization and Tourism Development Board of Sri Lanka for the implementation of the project.

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