Invest In Trinco

Investors gathering around the local BOI rep


I’m in Trincomalee. For the first time in a long time I’m genuinely excited by the same hope that brought me back to this country. Met a bunch of local small businessman at the local Chamber Of Commerce and they’re excited to grow. Traveling with a bunch of diaspora investors and they’re excited to invest. Everybody is willing to work together to develop this wonderful country. Trinco itself is a bountiful and long neglected place, now poised and ready to grow. Boom even, and no artillery this time.

To get to Trinco you go through Kurunegala, Dambulla then down the Habarana road. That road is still being jackhammered out of the rock, but it looks like it’ll be good. Still takes like 7-8 hours. As you drive in you see a Industrial Investment Zone. This is land set aside for business, and I believe there’s another patch past Nilaweli (beachfront). Trinco itself is spectacularly beautiful and lucky, possessing one of the largest natural deep harbors in the world. It’s a transit point, and quite nice to hang out in of its own regard.

Spoke to a lady director of the Chamber of Commerce who said she runs a catering business. She says that in the last week they’ve reopened the coast for proper fishing, though there’s still a permit required from the Provincial Council and it’s not quite popping yet. When it does, however, there will be abundant tiger prawns, crab and fish. Another director mentioned tuna as well, and that there was one jetty (Ashroff Jetty I think) open for commercial shipping. So you could theoretically move stuff directly to Japan, etc.

Trinco’s main current industrial dev is the Prima factory, producing flour methinks. There are also opportunities ranging from agriculture and industry to producing clay pots (for curd) which they’re currently bringing from 50k away. I spoke to an energetic young Tamil man who’s passionate about developing IT business like BPOs and taking advantage of the IT and English literate youth here. He says they have the electrical and broadband infrastructure to support such business. I agree as I am typing this on a 3.5G HSPA connection in the Welcombe hotel.

Basically, and not to gush, but it is very exciting to be here at the end of war. And the start of something better. Without the LTTE blowing everything up development is possible, and people are ready to get to work. People of all races here, the diaspora, internationals, etc. When the Chamber Of Commerce finished presenting there was literally a swarm of investors getting phone numbers, cards, inquiring about land, asking question. On their part, the local businesspeople are well spoken, intelligent, and sincere.

I think this will work. The road is almost finished, only about a 300 meters left. When I came in April it was kilometers away from done. Trincomalee is coming online. I recommend checking it out.

I’m touring Trinco and the environs as part of a BizPAct trip to encourage investment in the North, East and whole of Sri Lanka

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7 Comments »

2009-06-26 22:43:08

Great stuff Indi…thanks for the updates…

 
2009-06-27 01:37:30

Hi, when you say you are “part of” a BizPAct trip, are you being paid to write these articles?

2009-06-27 06:34:54

No. I have paid to register for the symposium and go on the trip.

 
 
2009-06-27 08:51:33

Thank you and relieved.

 
Ayla
2009-06-29 04:57:07

Do gush !! by all means.

It is not often we see this level of enthusiasm about the future of the country.

Was Trinco not written up as a surfers’ paradise ?

 
sue
2009-07-13 09:52:52

I visited Trincomalee and Nilvali about 5 yrs ago, on holiday from Australia. I remember eating the most spectacular assortment of seafood at Nilaveli Beach hotel that I never had in Colombo. Trincomalee is such a beautiful natural harbour, the Dutch fort a historical masterpiece, the Kovil and Lover’s Leap a beautiful and peaceful place to catch the views. I stayed at the newly built Trincomalee hotel which was just superb.
I am really excited about the development plans for Trinco..I am sure that it will develop into a buzzing and thriving tourist and business capital of Sri Lanka.

Great work Indi. I really enjoy reading your articles- they are really inspiring – keep up the great work and hope to read more articles about the developments in Lanka.
Cheers

 
Susan
2009-07-13 14:44:42

Nilaveli beach is breathtakingly beautiful and the hotel is great too. Club Oceanic (about half an hour away) needs some upgrading and a new pool but the food is Wunderbar! Great Sri Lankan cuisine for breakfast, lunch and dinner.

Trinco holds a lot of promise for tourism and development of the town and employment for these people. I just want people to keep coming back and help rebuild my beautiful Sri Lanka.

 
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