Waiting to Take Off

Sri Lanka’s GDP has grown by an average sustainable rate of 5% per annum over the last 20 years and expected to gain tremendous growth in the coming years following the War.

Although by no means a stellar growth performance, it is impressive for a country that has been torn by ethnic conflict since 1983. The valiance of its economy can further be demonstrated by the fact that its economy has suffered a recession only once (in 2001) since its independence fifty years ago, an impressive claim for any country. The country graduated to ‘middle income’ status in 2004 - ahead of India and Vietnam. Given the recent positive development of an imminent end to the war, Sri Lanka is poised at the brink of a gargantuan leap in its economy, and is widely reputed to be THE place to invest in for 2009 onwards.

One must become an anticipator to be a winner. Whether in business or in games, one must have the ability to predict which market to choose and adopt or where to stand to catch, before the opponent hit that ball.

As Warren Buffet stated in his 2008 Annual letter to the Shareholders of Berkshire Hathaway “when you want to catch the tailwind to invest, pessimism is our friend and euphoria the enemy”

Some time ago Ben Graham thought Warren Buffet this “Price is what you pay and value is what you get” whether it is socks or stocks. Obviously they loved to buy quality merchandise when it is marked down”.

The government has already initiated several Strategic Environmental Assessments for the above regions of Sri Lanka and some of which have been completed. These unique destinations of Sri Lanka has fallen under “Strategic Tourism and Community Development Zones” These destinations of Sri Lanka carry a wealth of history and astonishing miracles of Mother Nature