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DateLine Monday, 16 July 2007

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NIPF provides solutions for problems of industrial sector

INDUSTRIES: The National Industrial Policy Framework will help to contribute towards finding lasting solutions for the problems of the industrial sector in the country, Minister of Industrial Development Kumar Welgama said.

“This policy framework which was prepared jointly by the Institute of Policy Studies and the Industrial Association of Sri Lanka is mainly for that purpose,” Minister Welgama said at the Annual General Meeting of the Industrial Association of Sri Lanka.


congratulations: Minister Welgama congratulating the Chairman Industrial Association, Dr Anura Ekanayake. - Pix by Sumanachandra Ariyawansa

He said that in preparation of this policy framework both institutes have consulted all the stakeholders, the investors mainly the government officials, private sector investors, academics. Trade unions and prepared it in a very transparent manner.

He said that the Ceylon Chamber of Commerce and the Industrial Association of Sri Lanka being leaders of the private sector industrial community has identified their role well.

Industrial Association could be proud of the contribution they have made within the last 16 years and hope they could assist the rapid industrialization the government intends to carry out, he said.

Minister Welgama said those members of the Industrial Association are involved in various committees and sub committees appointed by the Government and also members of the industrial cluster are also in the process of formulating a code ethics for industrialists, he said.

Minister Welgama also said the Government and the Ministry of Industrial Development gives a lot of concessions to industrialists under the 300 factories programme to invest in remote areas and also associations should encourage their members to grab those opportunities and invest in regions too.

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