Business
SLT-MOBITEL Enterprise and Web3 Genes push boundaries

SLT-MOBITEL Enterprise, recognized for delivering best-in-class technology for the enterprise segment, has joined forces with Web3 Genes, a pioneering company specializing in Web3 technologies, in a landmark partnership to revolutionize digitalization for enterprises. Importantly, the alliance represents a first for a telco in the region, propelling Sri Lanka to the global front in spearheading enterprise digitalization with blockchain.
The collaboration between SLT-MOBITEL Enterprise and Web3 Genes is poised to set new a benchmark, offering transformative solutions that empower businesses to thrive in an increasingly digital world. The partnership offers cutting-edge solutions and innovative services to enterprise customers, leveraging blockchain technology to address critical challenges in digital documents, data security, and digital transformation.
Prabath Dahanayake, Chief Marketing Officer, SLT-MOBITEL Group, stated, “Blockchain plays a vital role in SLT-MOBITEL’s journey towards becoming a Techno. By combining our experience and expertise with Web3 Genes’ blockchain-based innovative solutions, we will be able to create valuable business opportunities that bring critical capabilities to our enterprise customers. We are confident the partnership will drive sustainable innovation in the Sri Lankan business landscape and help expand our global footprint.”
Further, Web3 Genes’ seasoned professionals have a deep understanding and wide experience of state and enterprise business dynamics and challenges, which is the perfect synergy for SLT-MOBITEL Enterprise in fulfilling the aspirations of Sri Lankan businesses.
Based on the partnership, SLT-MOBITEL Enterprise will offer customers Web3 Genes’ proprietary and groundbreaking product, SecureDoc, a revolutionary solution designed to be the future of secure mobile vaults. An award winner at the NBQSA National ICT Awards 2023 organised by BCS, SecureDoc is the world’s first enterprise-ready product for resolving issues pertaining to digitalization, fraud, mobility, and the verification of important documents.
Built on blockchain, SecureDoc ensures the integrity and authenticity of digital documents, with the ability to share them amongst various stakeholders securely. With SLT-MOBITEL’s strength in the Sri Lankan enterprise market, these capabilities represent a significant transformation for businesses to innovate their products and service offerings to its customers
Web3 Genes is on a quest in reshaping the digiverse, developing disruptive products and services on Web3 technologies, positioning itself as a leader in pushing the boundaries of innovation, driving meaningful digitalization for enterprises along with its commitment to Net Zero goals.
Business
Cabinet approves CECB as consultant for renovation of the Karainagar boat yard project

The Cabinet of Ministers has approved the proposal presented by the Minister of Fisheries, Aquatic and Marine Resources to seek the services of the Central Engineering Consultancy Bureau as a consultant for the renovation of the Karainagar boat yard project and allocate 40 million rupees from the Treasury for the expenditure to be borne by the Government of Sri Lanka.
[A memorandum of understanding was signed by the President during his official visit to India in December 2024. , to obtain a grant from the Government of India for the renovation of the Karainagar Boat Yard
According to the MOU, the responsibility of providing the technical consultancy service for the project and exempting the goods and equipment related to the grant from taxes has been assigned to the government of Sri Lanka.]
Business
‘Transformative infrastructure’ installed at Colombo West International Terminal

In a landmark move for Sri Lanka’s logistics landscape, EFL Project Logistics has completed a critical phase of deliveries for the Colombo West International Terminal (CWIT), a transformative infrastructure project poised to reshape the country’s role in global maritime trade.
CWIT—a collaboration between Adani Ports and SEZ Ltd (51%), John Keells Holdings and the Sri Lanka Ports Authority—is set to be the island’s first fully automated deep-water terminal. As it gears up for full commercial operations in 2025, the recent arrival of high-tech port handling equipment marks a key economic inflection point for Sri Lanka.
Speaking exclusively to The Island Financial Review on the impact, Mohamed Niyas, General Manager – Project Logistics at EFL, said, “The logistics we executed for CWIT are more than just cargo movements; they are catalysts for economic transformation. These deliveries—ranging from electric inter-terminal trucks to automated gantry cranes—are essential to positioning Sri Lanka as a sustainable, high-capacity transshipment hub.”
Among the highlights of the operation were 62 state-of-the-art Sany electric trucks and massive quay and gantry cranes, representing not only a technical leap but also a green one. These advancements contribute to CWIT’s eco-efficient design and bolster Colombo’s capacity to handle up to 15 million TEUs by 2026.
Economically, the development of CWIT—and EFL’s role in its expedited setup—signals a push for increased foreign direct investment, enhanced export competitiveness and job creation across the logistics and engineering sectors. As Niyas emphasized, “We are not just helping move cargo; we are enabling national economic value. Every successful delivery brings us closer to a future where Sri Lanka is a leading player in the South Asian maritime corridor.”
With global shipping routes evolving and automation driving next-gen port operations, CWIT is seen as a strategic asset for long-term growth. EFL’s role in the project showcases the kind of logistics innovation necessary to support this ambition—efficient, sustainable and globally competitive.
By Ifham Nizam
Business
Marine Tourism Roadmap for Sri Lanka launched by SLTDA

Sri Lanka marked a major milestone in its tourism development efforts with the official launch of the Marine Tourism Roadmap on April 10 in Colombo. This initiative, led by the Sri Lanka Tourism Development Authority (SLTDA) with support from the Asian Development Bank (ADB) under its technical assistance program TA9881 SRI: Supporting Tourism Resilience, lays the groundwork for a new chapter in tourism and the nation’s blue economy.
The Marine Tourism Roadmap was developed through an extensive process of data collection, stakeholder consultations and site visits conducted by the ADB appointed international consultant together with officials of the SLTDA. The final validation of the Roadmap was done by the Marine Tourism Steering Committee, which included representatives from key marine related public and private sector institutions. International expertise was provided by Ms. Aleksandra Dragozet (CEO & Founder – Sea Going Green), ADB’s appointed marine tourism consultant, whose guidance ensured the strategy aligned with global best practices for sustainable tourism. The SLTDA officials, Dr. Prasad Jayasuriya, Director-Tourism Planning, Development & Investments and S Dadeepan, Assistant Director-Tourism Planning & Development coordinated all meetings, site visits and activities with relevant stakeholders and the Steering Committee.
The Marine Tourism Roadmap emphasizes a balanced approach between conservation and economic development, promoting eco-friendly activities such as diving, snorkeling, ship wreck diving and marine wildlife watching. These activities are designed to support local livelihoods while safeguarding Sri Lanka’s rich marine biodiversity, particularly coral reefs, marine mammals, and fragile coastal habitats that face increasing environmental pressure. The strategy outlines two categories of coastal destinations: areas covering Kalpitiya through Galle to Trincomalee, which possess established marine tourism industries; and areas covering Mannar, Jaffna and the North-Eastern coastal belt, which are recognized for their emerging tourism potential. Notably, Sri Lanka’s ocean territory is nearly seven times larger than its landmass, highlighting the vast, untapped opportunities for marine-based tourism. The roadmap presents both short-term and long-term implementation strategies, aiming to develop sustainable marine tourism infrastructure, enhance visitor experiences, and ensure the protection and resilience of marine ecosystems in the years ahead.
The Roadmap itself was the result of collaboration among stakeholders covering coastal areas of Negombo, Kalpitiya, Mannar, Jaffna, Mullativu, Trincomalee and Galle and also the Steering committee members representing 18 key marine related public and private sector institutions including Presidential Secretariat, Ministry of Tourism and the SLTDA. This unified approach ensured that the document reflects the diverse perspectives of stakeholders directly involved in marine and coastal tourism development.
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