Sri Lanka looks to China for FDI in tourism

qifeng-ning
Qifeng Ning of Wanda will be part of the delegation

A delegation of travel industry leaders from China is set to make their way to Sri Lanka later this month as the South Asian nation seeks interest from foreign investors to build up its tourism attractions and infrastructure.

Facilitated by the Centre of Asia Hotel Forum, the delegation comprises the likes of Haibo Bai, chairman and president of HNA Hospitality Group; Yun Cai, secretary-general of China Real Estate Association Commercial & Tourism Estate Committee; Qifeng Ning, senior vice president of Wanda Commercial Properties; and many others.

During their seven-day trip, they will be introduced to Sri Lanka’s themed tourism development zones as well as attend the inaugural Asia Hotel and Tourism Investment Conference (AHTIC), taking place from November 27-29 at the Hilton Colombo, and organised by Bench Events and the Sri Lanka Tourism Club.

At AHTIC, the Chinese delegates will also meet with the Sri Lankan president, prime minister and minister of tourism for further discussions.

Sri Lanka Tourism Club chairman Prabath Ukwatte said: “We will be working with government ministries to deliver themed international tourism and family entertainment zones, and to open them up for foreign investment. The conference will be an ideal opportunity to explain what we will be doing and to attract international finance.”

Besides the Chinese delegation, AHTIC will also be hosting international leaders of the hospitality industry to Sri Lanka to take part in three days of high-level discussions, forums, speeches and networking sessions.

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