Chamber chief discusses critical national issues
PRESSING ISSUES: "Finding a peaceful settlement to the
conflict, improving governance at all levels and the implementation of
key development projects could be described as the three most pressing
national issues," said Chairman of The Ceylon Chamber of Commerce (CCC)
Mahen Dayananda in an exclusive interview with LMD.
He elaborates, in the April edition of the business magazine: "The
corporate sector may appear to be silent, but a number of meaningful
initiatives are being undertaken, which are not publicised - the reason
being that it is primarily the government which can most effectively
move the peace process forward.
The business community can contribute to the overall peace process,
but at a different level - certainly not at the decision-making level.
We are contributing behind the scenes, even though we don't speak out
publicly on a regular basis," he revealed, when asked about the
apparently passive role of the business community vis-a-vis peace.
Speaking further on the issue of national development in the current
edition of LMD, he opined that the private sector - which has often been
designated the country's engine of growth - is committed to raising the
level of Sri Lanka's economic activity in the best possible manner,
within the parameters of government policy.
Dayananda, a former head of the Ceylon Tea Traders' Association also
said that statistics reveal the private sector plays a dominant role in
the national economy. "It contributes 80 per cent of GDP and employs
almost 79 per cent of Sri Lanka's workforce.
The private sector is the driving force behind the country's export
sector, accounting for almost 90 per cent of Sri Lanka's total exports,
while the public sector contributes a mere 10 per cent. The private
sector accounts for 75 per cent of investments in Sri Lanka, while the
public sector contributes 25 per cent.