Market Diagnostic of Tourism MSMEs and Access to Finance Tender

• Country: Sri Lanka
• Summary: Market Diagnostic of Tourism MSMEs and Access to Finance in Sri Lanka
• LKT Ref No: 141182806
• Deadline: 25 May 2026
• Financier: World Bank (WB)
• Purchaser Ownership: Government
• Tender Value: Refer Document
• Notice Type: Tender
• Document Ref. No.: 0002022146
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• Description:
• Micro, Small and Medium Enterprises (MSMEs) dominate Sri Lanka-s tourism value chain, accounting for a large share of accommodation providers, transport operators, food and beverage enterprises, tour operators, recreation services, and destination management companies. These MSMEs are central to innovation, local job creation, and the development of sustainable and experience‑based tourism products. However, tourism MSMEs face a diverse array of supply-side and demand-side challenges that limit their ability to access finance from the formal financial sector, such as high collateral requirements, banks- reluctance to provide long-term loans due to perceived risks, lack of financial literacy and business management skills, information asymmetry, bureaucratic hurdles and vulnerability to crises. In this context, IFC is undertaking this comprehensive market diagnostic of Sri Lanka-s tourism MSME sector. The assessment will build on global and regional best practices and align with ongoing WBG and IFC initiatives in tourism, green finance, blue finance, and gender. It will identify key gaps and challenges in access to finance for tourism MSMEs by examining both supply‑side constraints within FIs and demand‑side constraints faced by MSMEs. The diagnostic will culminate in actionable recommendations and a phased roadmap to unlock the sector-s full potential and enable scalable financing solutions that mobilize private sector participation.OBJECTIVESThe overall objective is to undertake a comprehensive market diagnostic of Sri Lanka-s tourism sector to identify constraints and market failures affecting access to finance, and to identify scalable financing structures, instruments, and capacity‑building solutions to catalyze private sector engagement. The outcomes will feed into existing and future World Bank Group tourism programs and help identify and present investment opportunities.Specific objectives are to:a. Assess the exposure of the financial sector to tourism MSMEs...
• Documents:

 Tender Notice