The first set of vehicle imports for the local market after the ban was lifted will arrive on Thursday, the 27th at midnight, the Hambantota International Port said.
The lifting of the import ban, which had been in place since early 2020, has been met with both anticipation and concern. The reintroduction of vehicle imports is expected to increase government revenue.
However, the high costs associated with purchasing a vehicle under the new tax structure may deter potential buyers, impacting overall sales and market dynamics.