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The significant development in the Sri Lankan tourism industry took place in 2007 was the implementation of the Tourism Act No. 38 of 2005. The promulgation of the new Act helped repealing the 41 year old Sri Lanka Tourist Board Act No. 20 of 1966 which was out-dated. The restaurant administrative decentralization enabled the creation of four statutory bodies, which functions independently; Sri Lanka Tourism Development Authority (STDA), Sri Lanka Tourism Promotion Bureau (STPB), Sri Lanka Convention Bureau (SLCB), and the Sri Lanka Institute of Tourism and Hotel Management (SLITHM). These four new bodies have undertaken to develop, plan, setting standards, marketing, and promotion of tourism in Sri Lanka where results are eminent to the entire world.

Year
Thai Tourist arrival in Sri Lanka
Tourist Departure to Thailand from Sri Lanka
2000
3,429
21,873
2001
2,931
22,183
2002
3,954
24,979

2003

6,008
32,593
2004
5,209
28,322
2005
5,409
33,767
2006
5,475
41,035
2007
2,517
39,109
2008
3,583
35,047
Total
38,515
278,908

Please Click the Year to View Information

(BOI) of Sri Lanka and its counterpart; Board of Investment of Thailand provides unique investment opportunities where investors at both countries are encouraged to cross invest for win-win situations.

According to BOI Sri Lanka currently there are eight key ventures in the country with direct relations with Thailand;

  • Amba Research Lanka (Pvt.) Ltd.
  • Beehive Industries (Pvt.) Ltd.
  • Sapphirus Lanka (Pvt.) Ltd.
  • Asano Lanka (Pvt.) Ltd.
  • Asia Capital Ltd.
  • Benjarong (Pvt.) Ltd.
  • Central Lapidary (Pvt.)Ltd.
  • G.R.S. Lanka (Pvt.) Ltd.
  • Home Entertainment & Communications Ltd.
  • Institute of Ayurveda and Alternative Medicines
  • S.D.S. Property Developers (Pvt.) Ltd.


Factors
Thailand
Sri Lanka
Capitol Bangkok Colombo
Official language Thai Sinhala & Tamil
Political system Parliamentary Democracy & constitutional monarchy Parliamentary system & executive presidency based referendum
Area 513,115 km2 65,610 km2
Population 63 million (as of 2007) 21 million (as of 2008 July)
GDP (purchasing power parity) US $ 519,786 billion
(as of 2007)
US $ 84.992 billion
(as of 2007)
GDP (nominal) US $ 245.351 billion
(as of 2007)
US $ 32.347 billion
(as of 2007)
       
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