By: Staff Writer
December 02, Colombo (LNW): The Galle Port Development project is set to accelerate, aiming to establish it as a fully-fledged tourist port with an investment of USD 175 million, according to the Sri Lanka Ports Authority (SLPA).
The project promises substantial economic benefits, driven by robust demand for real estate linked to tourism. SLPA has opened the venture to local and international investors through the Expression of Interest (EOI) and Request for Proposals (RFP) processes.
This ambitious initiative will provide opportunities not only for investors but also for the local community, acting as a catalyst for regional economic growth.
Among the significant features of the project are the construction of two offshore breakwaters, measuring 850 meters and 150 meters, respectively, to maintain calm waters in Galle Bay and the harbor.
The development also includes a 150-meter-long cruise berth with a draft of 12.5 meters to accommodate the world’s largest cruise vessels.
Additionally, a land reclamation project using dredged material from the harbor basin and access channel will expand Galle City’s land area by 40 hectares.
A state-of-the-art cruise terminal, retaining colonial architectural charm, will cater to cruise passengers, enhancing the port’s appeal as a tourism hotspot.
The SLPA highlighted that the project would create numerous direct and indirect employment opportunities, benefiting the local population significantly.
In a related development, approval has been granted to reclaim a 45-hectare area along Galle Bay, paving the way for infrastructure and real estate projects reminiscent of the Colombo Port City.
This reclaimed land will support the transformation of Galle Port into a cutting-edge tourist hub, drawing both local and international visitors.
The SLPA recently received the green light for the project following the Coastal Conservation and Coastal Resources Management Department’s (CCCRMD) approval of an Environmental Impact Assessment (EIA). The comprehensive plan includes real estate ventures, berthing facilities for passenger vessels, superyachts, and small boats, alongside provisions for water sports and recreational activities.
The final EIA report emphasizes strategies to mitigate environmental impacts during the project’s construction and operational phases.
The proposed measures are expected to significantly reduce the adverse effects of land reclamation and related developments.
With adherence to these mitigation strategies, the Galle Port Development project is poised to unlock significant economic and tourism potential for the region while minimizing environmental risks.
Positioned as a premier destination, this initiative is set to reshape Galle’s economic and cultural landscape.