TO INVEST

Based on recent economic forecasts and updates, Sri Lanka is positioned for a recovery with projected economic growth rates of around 2.2% to 3% for 2024. This rebound is fueled by various factors, including an increase in tourism and stabilization in the financial sector. This positive trajectory is especially relevant to BAV's strategic focus on real estate and resort development in the south of Sri Lanka, an area renowned for its scenic beauty and growing appeal as a tourist destination.

 

Given the current market dynamics, land prices in Sri Lanka remain relatively affordable but are expected to rise due to increasing demand and economic stabilization. This scenario presents a timely opportunity for investment, particularly in the tourism sector, where the growth in accommodation and food services aligns with BAV's venture into resort development.