Ministerial sub committee recommendations:
President to seek Cabinet approval
President Mahinda Rajapaksa will present the Ministerial Sub
Committee recommendations which looked into the problems faced by
investors to the Cabinet for approval.
The Ministerial Sub Committee which looked into the problems and
impediments faced by the investors was presented to President Rajapaksa
Committee Chairman and Deputy Finance Minister Dr Sarath Amunugama
presented the report to the President.
These recommendations are to be implemented after obtaining the
Cabinet approval for providing more opportunities to the foreign
investors in Sri Lanka and promoting the country’s economy.
The Committee has done an extensive study on the problems and
impediments faced by the investors and regulations pertinent to
The Committee has also studied the issues relating to the release of
lands for business ventures and granting of investment licences for
Economic Development Deputy Minister Lakshman Yapa Abeywardena,
Deputy Public Administration Minister Dilan Perera, Environment Deputy
Minister Faizer Mustapha and National Heritage Deputy Minister Gunaratne
Weerakoon were present.