Bucking stagnation elsewhere, the quiet rise of South Asia

[anant_s]

So the aim of successive govts is to make it a logistical hub (Aviation, Sea Port and Financial).

& its a smart move to identify which area can benefit you the most and then work upon it.

The shipping volume in the region is huge and given location of Island nation, there is a great potential to develop a trade hub along with port berthing and maintenance faculties for ships.

 

[Gibbs]

& its a smart move to identify which area can benefit you the most and then work upon it.
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The shipping volume in the region is huge and given location of Island nation, there is a great potential to develop a trade hub along with port berthing and maintenance faculties for ships.

Exactly bro.. That's why they made the Hambantota harbor as the main transshipment and bunkering facility in the Indian ocean and Colombo South harbor the largest in terms of TUE's and deepest in the region and only one that can accommodate mega container ships, Over the dept of 18m's.. Only other two ports in the region in comparison are Al Jabli,Dubai and Singapore

So as i mentioned earlier making the country a Shipping hub is almost complete

Well-positioned: Sri Lanka becoming global distribution hub- Nikkei Asian Review

 

[xyxmt]

Pakistan has cut its current account deficit from 8% of GDP in 2008 to just 1%.
Just as important, these South Asian nations have managed to keep growth alive without sinking deep into debt. All three don't have credit troubles, with relatively modest growth in private credit as a share of GDP over the last five years, and loan to deposit ratios of less than 80% - well below the 100% level which signals that banks are overextended.

Does that put cold water on Indian dreams of seeing another Greek

 

[Echo_419]

The future of the country is based on it's strategic position in the middle of global trading routes.. So the aim of successive govts is to make it a logistical hub (Aviation, Sea Port and Financial). One of those targets are nearly fulfilled.. It's too small to be anything significant in manufacturing

As far as energy goes.. The island is self sufficient and the only nation in the region with nearly 100% coverage and uninterrupted power generation.. But it comes at a cost because they spend large amount of foreign exchange for fossil fuel imports that needs to run a significant number of power plants.. Hopefully this will change with the new govt policy on investment on renewable energy.. And with the recent finding of off shore natural gas fields and agreement with India and Pakistan on civilian nuclear technology transfers that burden will lesson as well

Ministry of Power and Energy :: Home

Sri Lanka Power Report 2014 | Eye Sri Lanka

Yes the LTTE issue dragged the development of the country down for nearly 3 decades

For a small country like SL 220MW nuclear reactors are ideal maybe we can export them to you in future

 

[Gibbs]

For a small country like SL 220MW nuclear reactors are ideal maybe we can export them to you in future

According to 2013 stats.. Total available grid capacity was 3262MW
Total annual generation was 11,960 Gigawatt hours

Electricity in Sri Lanka - Wikipedia, the free encyclopedia

So you do the calculations mate.. I'm no electrical engineer..

But the tariffs are pretty high to my understanding some of the highest in the region or even globally.. Price to pay for 24/7 uninterrupted electricity i suppose

 

[anant_s]

Does that put cold water on Indian dreams of seeing another Greek

You really believe that?
Trade is one of real factors for a lasting peace between nations and that's the truth irrespective of what media tells us.

 

[Echo_419]

According to 2013 stats.. Total available grid capacity was 3262MW
Total annual generation was 11,960 Gigawatt hours

Electricity in Sri Lanka - Wikipedia, the free encyclopedia

So you do the calculations mate.. I'm no electrical engineer..

But the tariffs are pretty high to my understanding some of the highest in the region or even globally.. Price to pay for 24/7 uninterrupted electricity i suppose

Yes but as you said a lot of it comes from thermal power which can be replaced by Nuclear

 

[Gibbs]

Yes but as you said a lot of it comes from thermal power which can be replaced by Nuclear

Yeah i think there looking in to Thorium generators.. I presume India is in the forefront of that technology ??

 

[Echo_419]

Yeah i think there looking in to Thorium generators.. I presume India is in the forefront of that technology ??

Indeed we are the leaders in Thprium tech & also our small nuclear reactorssmal have one of the best safety record in the world