Fast route to development
Sri Lankan Governments, of whatever political persuasion, have the
habit of announcing grandiose projects which sometimes never really get
off the ground. Some projects have been talked about for decades,
through several changes of Government, with nothing happening on the
ground.
President Mahinda Rajapaksa and his officials have pledged to change
this status quo. The Mahinda Chintana enunciates a coherent development
strategy in tune with the country's ambition to become a regional
economic powerhouse.
Now we have an assurance from Central Bank Governor Ajith Nivard
Cabraal, who held the important position of Plan Implementation
Secretary, that all major development projects including the Colombo
South harbour, Weerawila International Airport and the Moragahakanda
irrigation project would be operational before President Rajapaksa's
term ends. This is indeed a commendable move.
Apart from a lack of funds, the other factor that has impeded
development in this country is a lack of political will. Many
Governments lacked the courage to go ahead with certain development
projects because they feared a negative reaction from politicians within
and outside the ruling party, affected residents, environmentalists,
NGOs, religious groups and trade unions.
That attitude has not been healthy as far as Sri Lanka's development
is concerned. We have an acute energy crisis on our hands due to
political dilly-dallying over power projects. Many power projects have
been put on hold as rulers lacked the will to override protests by
certain elements with vested interests.
This picture finally seems to be changing - the present Government
recently started work on the 900 MW Norochcholai coal power plant, a
long-felt need. Similarly, it should go ahead with much-needed reforms
in the power and petroleum sectors.
The rapid completion of development projects is essential for
realising our economic goals. The Central Bank recently announced that
the economy had grown by eight per cent in the first quarter of 2006 and
was on course to achieve an overall rate of seven per cent for the whole
of 2006.
These are impressive figures, given the negative impact of the 2004
tsunami and the escalating violence in the North-East.
But no economy can sustain such figures without the development of
key sectors including infrastructure. They provide direct and indirect
employment to thousands during construction and after completion.
They help the economy in many ways, some of which may seem
insignificant at first. For example, an expressway will help goods
transporters to shorten the journey times and save fuel, which will have
a direct impact on the economy in the long run.
Thus the decision to expedite development programmes and complete
them within a given timeframe is most timely.
The Government should take a bold approach to these projects, without
giving in to the whims of elements who do not want to see a prosperous
Sri Lanka. |