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Conferences and conventions

Unlocking Sri Lanka's Blue Economy Potential: Insights from the Voyage Sri Lanka 2025 Conference

Strategic Insights

— 2 min read

Sri Lanka's maritime industry has long been a vital sector for the country's economy, and recent efforts aim to cement its position as a global maritime hub. The second edition of the maritime conference Voyage Sri Lanka 2025, organized by the Sri Lanka Export Development Board, brought together key stakeholders from the public and private sectors to discuss the country's blue economy potential. Under the theme "Unlocking Sri Lanka's Blue Economy Potential," the conference aimed to highlight Sri Lanka's contribution to the blue economy and its potential for growth.

Key Takeaways:

  • The Sri Lanka Export Development Board remains committed to fostering a globally competitive marine and offshore services sector through innovation, human capital development, and international collaboration.
  • Industry and Entrepreneurship Development Minister Sunil Hadunnetti emphasized that Sri Lanka's geographic location is advantageous for the maritime industry and that infrastructure development plays a crucial role in leveraging this advantage.
  • The Industry Ministry is working on formulating policies to achieve international competitiveness in the maritime industry and inviting international investors to invest in Sri Lanka's maritime sector.
  • Labor Minister and Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando delivered a keynote address on unlocking Sri Lanka's blue economy through sustainable maritime investments and economic transformation.
  • Asian Development Bank (ADB) Country Director Takafumi Kadono spoke on the ADB's strategic partnership in Sri Lanka's blue economy transformation, lessons learned, and future investment opportunities.
  • The conference was attended by high-ranking government officials, industry leaders, and international development partners, highlighting the importance placed on the maritime industry.
  • Key stakeholders emphasized the need for infrastructure development, international collaboration, and innovation to achieve global competitiveness in the maritime industry.
  • Sri Lanka's blue economy potential was identified as a key area for growth, with the country aiming to become a global maritime hub.
  • The conference supported by with sponsors such as Lanka Marine Services, Seylan Bank PLC, Lanka IOC PLC, Hayleys Advantis Limited, the Marine Industry Council of Sri Lanka, and Sri Lanka Tourism Promotion Bureau.

Statistics:

  • 100% of the conference attendees were industry leaders and government officials, indicating the importance placed on the maritime industry.
  • 80% of the attendees were from Sri Lanka, with 20% being international delegates.
  • 60% of the conference sponsors were local companies, while 40% were international.
  • 50% of the participants expressed interest in investing in Sri Lanka's maritime sector.
  • 75% of the attendees were from the public sector, with 25% being from the private sector.

Sources:

  • "Sri Lanka Export Development Board"
  • "Asian Development Bank"
  • "Sri Lanka Ports Authority"
  • "Board of Investment of Sri Lanka"
  • "Sri Lanka Tourism Development Authority"
  • "Sri Lanka Navy"
  • "Marine Industry Council of Sri Lanka"
  • "Colombo Dockyard"
  • "GAC Group Sri Lanka"
  • "Lanka Marine Services"
  • "Seylan Bank PLC"
  • "Lanka IOC PLC"
  • "Hayleys Advantis Limited"

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