Paving the way for the ‘Hub’ Status In Sri Lanka

The Sri Lanka Logistics & Freight Forwarders’ Association (SLFFA) has had a busy year and this year looks set to continue that trend as country seeks to develop into a major air and sea cargo hub.

The country’s civil aviation sector continued to grow in terms of cargo movements with the total volume of cargo moved through the Bandaranaike International Airport (BIA) located outside Colombo, increased by 4.1 per cent to 192,371 tonnes.

The total number of aircraft handled at BIA increased by 8.5 per cent to 55,288 during 2014. Ocean cargo on the other hand grew 12.3 per cent year-on-year to 74 million tonnes.

With the steady increase in volumes both in air and sea, the Government of Sri Lanka has diverted its attention to the shipping and transportation sector, according to the SLFFA.

The expectation is to tap this sector to achieve rapid growth and development of the economy and the prospects of employment which would see Sri Lanka develop as a cargo hub, based on the geographic location of the country.

The Sri Lanka Logistics and Freight Forwarders Association have actively participated with the local authorities and key decision makers who have earmarked the ambitious ‘Hub’ concept for Sri Lanka.

The SLFFA has a natural keen interest in the logistics industry of Sri Lanka and has come forward to take on challenges put forward to the industry which represents the voice of the freight forwarders in Sri Lanka.