Wigneswaran seeks support to boost tourism in North

The SLTDA spent Rs. 20 million for the project benefitting over 1000 tourists visiting the beach on a weekly basis. It also strengthens Talaimannar’s potential of becoming a key tourism hub in the Northern Province.Commenting on the initiative, SLTDA Chairman Kavan Ratnayaka said, “This may be a relatively small investment and a brief ceremony. But every long journey starts with one single step. This signals we have larger plans for tourism development in the Northern province and we are ready to facilitate its growth. This is also a continuation of the comprehensive plan we initiated by bringing the World Tourism Day state celebration to Jaffna. We deeply appreciate the generous support extended by the Northern Province Chief Minister and his staff.” (Colombo Gazette) The Comfort Centres, which marked the first step of a larger infrastructure development programme, were declared open by Tourism Development and Christian Affairs Minister John Amaratunga and Wigneswaran. The brief ceremony was also attended by local government heads, provincial tourism authorities and senior state officials in the area. SLTDA said that as part of its comprehensive plans to develop tourism in the Northern Province, the SLTDA declared open the newly constructed Comfort Centres at Talaimannar for the use of local and foreign tourists visiting the beach. Northern Province Chief Minister C.V Wigneswaran has sought support to boost tourism in the Northern Province.Wigneswaran said his province had immense potential to transform into a compelling and competitive tourism hub and requested the central Government’s support to develop the sector, the Sri Lanka Tourism Development Authority (SLTDA) said in a press statement today. read more

Aston Martin Lagonda to invest £200m in new product development

Aston Martin Lagonda has announced £200 million of new investment for product expansion and the development of new models.The funding will allow the manufacturer to expand its current range of luxury cars, enabling the production of the all-new DBX crossover based on the concept shown at this year’s Geneva and Shanghai motor shows. This announcement is in addition to the company’s previously announced investment plan, and follows a 45% increase in product development spending in 2014.Aston Martin Lagonda chief executive, Dr Andy Palmer, said, “This additional long-term funding will enable us to add extra model lines and broaden our presence in the luxury market segment by the end of the decade. The additional investment announced today will allow us to realise the DBX and other new luxury vehicles that will form the strongest and most diverse portfolio in our history.”2015 has already been a record year of investment for automotive manufacturing, with an unprecedented £1 billion invested in just one week earlier this year. Keep track of the industry’s investment highlights here.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) read more