Page 25 - Invest in Sri Lanka
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Sri Lanka: The Heart of the Eastern Hemisphere                                  Your Destination for Timeless, Sustainable Investments


       INVESTMENT LANDSCAPE


       & INFRASTRUCTURE



                                                              Figure 18 : Traded Hotel Stock Appreciation
       Despite recent challenges, Sri Lanka's economic        in Sri Lanka’s Share Market
       fundamentals remain resilient and promising. The
       government is implementing structural reforms to       AHPL                                     50%
                                                            SHOT.X                             39%
       strengthen fiscal stability, improve the business        TAJ                           36%
                                                                                          31%
                                                              KHL
       climate, and attract foreign direct investment (FDI).   NEH                       30%
       The economy is diversified across sectors such as      AHUN                       29%
       tourism, IT and software development, agriculture,     SERV                   25%
                                                                                     25%
                                                              PEG
       education, healthcare, manufacturing, and servic-     CONN                   24%
       es. With a focus on export-driven growth, recent       STAF                21% 23%
                                                              KHC
                                                                               18%
       policies aim to boost competitiveness, simplify        RHTL            16%
                                                              GHLL
       regulations, and upgrade infrastructure.              EDEN            15%
                                                              RCH            14%
                                                              RFL            14%
       Post-Pandemic, the share prices of publicly traded     HSIG          13%
       hotel and leisure companies in Sri Lanka have         SHOT        9%
                                                             TRAN      5%
       seen continuous year-on-year increases in value,       BRR    3%
       from 2022 until August 2024. Figure 18 depicts         REEF   3%
       how over 65% of Sri Lanka’s hotel sector has seen        0%  CITW
                                                                0%
                                                                    BERU
       healthy appreciation of value post Pandemic.           -1%   BBH
                                                              -2%   CITH
                                                            -4%     RPBH
                                                            -4%     CHOT
                                                          -6%       LHL
                                                         -7%        MRH
                                                        -7%         RENU
                                                    -11%            JETS
                                                    -11%            MARA
                                                  -12%              SIGV
                                                  -12%              TANG
                                -30%                                PALM


        Source: First Capital Research, 2023



   INVEST IN TOURISM SRI LANKA                                                                                21
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