The Cabinet has agreed to revise the Memorandum of Understanding with South Korea for the implementation of the Community Based Tourism Development Project focusing on the Central, North and Eastern Provinces of Sri Lanka.
Cabinet approval was granted in January 2023 to enter into a MoU between the Korean Tourism Organization and the Sri Lanka Tourism Development Authority for the implementation of a pilot project related to the implementation of a community-based tourism development project, focusing on the Central, Northern and Eastern provinces of Sri Lanka.
The Government said the pilot project related to the implementation of a community-based tourism development project was to be launched under a grant of 2.172 billion Korean Won.
The implementation of the full project was planned based on the success of the pilot project.
However, representatives of the Korean Tourism Organization who had visited the respective provinces had agreed to start the entire planned project at once, instead of implementing a pilot project.
Accordingly, the Cabinet of Ministers focused its attention on the measures taken to reach a revised agreement between the two parties to implement the project and agreed to proceed accordingly. (NewsWire)