Sri Lanka had been nurtured under the British
colonial ruling as a well-structured destination for plantation during the
1940’s. Whereas the three main export goods which are, Tea, Rubber and Coconut
added up a percentage of 90% of the overall exports income. And furthermore, 40
years back Sri Lanka was known as the pearl of the Indian Ocean for having the
best communal indicators in the region.
And today, after ending a 30 year
terrorist conflict Sri Lanka is on a rapid move towards development, we can
notice a large growth in the number of foreign entrepreneurs and business
personalities taking Sri Lanka in to consideration as a prospective place for
investment.
The investments taking place in Sri Lanka expands across a
vast area, from the garment industries to hospitality to technological
endeavors. As a fast developing nation, Sri Lanka seem to be gaining a
considerable mileage to shoot the national economy to higher statistics. Along
with every investment, comes an array of subordinates which contributes
indirectly to uplift the living standards of the common man in Sri Lanka.
Looking back at the records in the past, Sri Lanka has been
proven to be 'the best bet in Asia' in early 50's with a highly stable economy and
with a well-structured infrastructure. The statement made by the former
Singaporean Prime Minister, Lee Kuan Yew when he visited Sri Lanka in the mid
50’s that he would develop Singapore to be the next Sri Lanka in Asia. Since the
gaining of independence in the year 1948, the evolution of development in Sri
Lanka has received the thoughts of a mixture of economists and
politicians. However, a few decades down the line, Singapore has moved to
the top developed countries in Asia whereas Sri Lanka, has only taken a few
baby steps until this recent wave of development taking place across the
island.
And along with the physical development of the
country, the means of transportation too have evolved to cater to the
international level demands of the foreigners travelling to the country for
various investment ventures. For example the growth in the rent a car industry
in Sri Lanka can be shown as a significant segment. As a result of this Sri Lanka,rent a car service providers
like Kings Rent a Car Colombo. With all the above in store for the visitors to
the paradise island, Sri Lanka moves forward.
