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Home » Russian Entrepreneur Targets More than 1 Million Rupees to Invest 7 Billion in SL’s Healthcare Sector – The Island
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Russian Entrepreneur Targets More than 1 Million Rupees to Invest 7 Billion in SL’s Healthcare Sector – The Island

theholisticadminBy theholisticadminMay 22, 2024No Comments3 Mins Read
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Written by Ifam Nizam

In a significant development for Sri Lanka’s tourism and healthcare industry, a Russian investor has announced an ambitious expansion plan worth over Rs 7 billion following the success of Palm Garden Ayurveda Resort, said Sohan Harsha, a consultant at the group.・Dr. Fernando said. Island Financial Review.

Palm Garden Ayurveda Resort is a $6 million project that includes a separate spice garden that supplies produce to a dedicated Ayurvedic center led by the same investor. It has emerged as an indicator of health in the country’s tourism sector.

Building on this success, investors now plan to invest a staggering Rs 100 crore. $7.2 billion for additional projects nationwide.

Palm Garden Ayurveda Resort is located just 600 meters from Kabalana Beach and is the epitome of tranquility and relaxation. Boasting an outdoor swimming pool, spa, wellness center and luxurious accommodation, this resort has set a new standard for wellness tourism in Sri Lanka.

Tourism stakeholders say its success is a testament to investors’ commitment to excellence and dedication to promoting overall welfare.

With Palm Garden Ayurveda Resort as a blueprint for success, investors say they aim to replicate the model in five more locations in Sri Lanka.

“These new Ayurvedic resorts will not only enhance the country’s tourism offerings but also create employment opportunities, promote Ayurveda in Sri Lanka and stimulate regional economic growth,” Fernando said. Ta.

Fernando added: “Moreover, the investor’s plans extend beyond the hospitality sector. In a landmark move, he plans to establish a Russian medical school in Sri Lanka, marking a major advance in the country’s medical infrastructure. .”

“This initiative promises to improve the standards of medical education, foster cooperation between Russian and Sri Lankan medical professionals, and ultimately strengthen healthcare delivery nationwide.”

Additionally, investors are exploring medicinal plant cultivation for pharmaceutical purposes, underscoring his commitment to innovation and scientific advancement.

“By harnessing the therapeutic properties of medical cannabis and other indigenous plants, he seeks to develop cutting-edge treatments and strengthen Sri Lanka’s pharmaceutical industry.

“Russian investors’ multi-million dollar expansion plans are poised to have a transformative impact on Sri Lanka’s economy and society as they move forward. Their visionary approach and significant investment will bring tourism, It reflects a deep belief in this country’s potential as a center for education, medical innovation.

“Palm Garden Ayurveda Resort is a shining success story and these new ventures are sure to generate excitement and expectations among stakeholders from various sectors and pave the way for a brighter future for Sri Lanka.”



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