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Govt encourages public/private sectors in
agriculture:
Subsidy scheme increases demand for fertilizer
The demand for fertilizer has increased rapidly
due to the Government's subsidy scheme. The Government is
encouraging the public and private sectors in agriculture
development. The average fertilizer imports per annum are around
600,000 - 650,000 MT. However, during 2008 it grew up to 800,000 MTs,
which shows that there is a big demand for fertilizer, a senior
official of CIC Agri Business told Daily News Business.
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Conducive environment created :
Call to attract high-tech global companies
Sri Lanka should move into a high tech industry
base by 2020 by attracting global high tech companies to the
country, having met a number of pre-requisites to create an
environment for such companies to operate in Sri Lanka, Pathfinder
Foundation, Executive Director Luxman Siriwardena told Daily News
Business.
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To derive benefits from growth momentum:
Effective logistics system vital
Sri Lanka needs an effective national logistics
system to derive the benefits from the growth momentum created by
the peaceful environment. The year 2010 will be a challenging year
for the industries particularly for the shipping industry as the
international business community is looking forward to the country
as a phase of development, National Chamber of Sri Lanka Shipping,
Ports and Aviation Committee Chairman Sujeiva Samaraweera told Daily
News Business.
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