The Blue Ocean Group recently ventured into the travel and leisure industry by opening a travel company – ‘Blue Ocean Travels’ in Wellawatte last week.
Chairman of the Group, S. Thumilan said, “Currently, tourism industry is the third highest foreign exchange earner for the Sri Lankan economy earning an impressive US$ 3.4 billion in 2016. The mere 400,000 arrivals in 2009, increased five-fold to reach 2,05 million tourists, up 14% from 1,798,380, a year ago.
“We laud the Government’s ambitious target of reaching 2.5 million arrivals by end of 2017, along with a goal of tapping foreign exchange earnings of nearly US$ four billion and further strengthening its commitment to attract 4.5 million arrivals by 2020,” he said.
“We also commend authorities for recognizing not only tourism as a high income generating thrust industry but also the construction sector in which the Blue Ocean Group plays a pivotal role attracting much-needed foreign exchange into the economy.
As a diversified Group we wish to reiterate our commitment to make condominiums on one hand a lucrative investment to all our buyers and on the other hand a higher foreign exchange-earning segment in the future,” he added. The prestigious Blue Ocean Group has the distinction of being the largest apartment developer in Sri Lanka with over 1,400 condominium units committed or completed, to its credit, he claimed.