Invest more in East - Muralitharan

CHATHURIKA TIKIRI BANDARA

Now the east is safe and sound. Industrialists have the opportunity to launch their development projects, said Vinayagamoorthy Muralitheran, MP addressing a media briefing held at Industrial Development Ministry on the expansion of the industrial field in the eastern province.

The MP thanked the UPFA Government headed by President Mahinda Rajapaksa for providing an opportunity for the Eastern people to live free. What the East needs at the moment is development, he remarked.

He appealed to industrialists to invest in the East in the interest of its development which is vital for the promotion of the economic and social welfare of the eastern people. Industrial Development Minister Kumara Welgama said it is our responsibility to ensure the industrialists of an atmosphere free from suspicion and therefore our Ministry has launched a new program to encourage them to proceed with.

The President asked the entrepreneurs to tour the east first so that they could see for themselves what the actual situation is. Security would no doubt be strengthened.

To give the lead to the prospective investors, steps have already been taken to set up five industrial concerns in the East, which will in fact be supplied with electricity, water and telephone facilities.

A tax holiday will also be provided as an incentive, he said.

Peace Secretariat General Manager Roshantha Athukorala and a large number of representatives from the industrial sector participated.