New industrial zone in Panaluwa
HOMAGAMA: The Government has vested its 17th new Industrial
Zone in Panaluwa, Homagama to 13 selected small and medium
entrepreneurs. They will invest around Rs. 250 million to set up their
new business ventures.
The Rural Industries and Self-Employment Promotion Ministry has
invested Rs. 33 million to set up this zone.
The zone is operated by the Industrial Development Board. Many
industries such as printing, rubber based products, food products,
engineering products, timber and powerloom industry will be set up in
the 14 acre land.
Rural Industries and Self-Employment Promotion Minister S.B. Nawinna
said this opportunity would create over 300 jobs in the area.
The Government has improved all infrastructure facilities including
water, telecommunication electricity, safety and roads in the zone and
the investor has to pay only Rs. 250 as a monthly rent per one perch.
“We will develop two industrial zones in Kotagala and Wariyapola
investing nearly Rs. 66 million this year,” he said.
“We would request all investors to commence their commercial
activities soon as possible for a speedy development in the country.
“If somebody is not engaged in the manufacturing properly or if it is
transferred to others illegally, we will take action against them,” he
Trade, Marketing Development, Cooperatives and Consumer Affairs
Minister Bandula Gunawardana said this would develop the Homagama area.