Top Priority to Boost Security and Restore Normalcy within the Country: Harry Jayawardena

The Chairman of Aitken Spence Hotel Holdings PLC, Harry Jayawardena, emphasized upon the importance of restoring confidence and normalcy within the country and driving growth by enhancing security measures. “The terrorist attacks in April 2019 shocked the nation and the world, coming after a decade of peace in the country. Group is taking a lead role in bringing the industry together with the objective of restoring normalcy and driving growth with enhanced security measures. Representations have been made to provide relief through both fiscal measures including relief from VAT and through moratoriums on existing loans to drive foreign exchange earnings. It is also an opportunity for the Government to include the informal tourism sector in the relief measures which will widen the number of contributors to the government coffers, levelling the playing field. We are also engaging with the diplomatic community to understand their concerns and identify opportunities for growth. We are hopeful that normalcy will be restored soon and that the country’s growth trajectory will be resumed in the near future minimizing the country’s vulnerabilities. It must also be noted that 67% of PBT was contributed by the South Asian and Middle Eastern portfolio supporting Group growth resilience to uncertainties as we strive to drive sustainable growth.” stated Jayawardena in the Annual Integrated Report of the Aitken Spence PLC, financial year ending 31 March 2019. Speaking further, Jayawardena noted that the company will continue to work together with industry bodies to support recovery at a national level by driving change in the right direction. The full statement conveyed by the chairman is given below.  

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