Boost for industry and commerce
Ministry launches aggressive Rs 1.2 b implementation
plan :
Industry and Commerce Minister Rishard Bathuideen launched a detailed
action plan calendarised by month the Ministry auditorium yesterday.
This is for the 1.2 billion rupee trade and commerce development agenda
of the Government for the year 2011.
|
Rishard Bathiudeen |
The detail plan of work has clear achievement guidelines to ensure
that monitoring of its activation can be assessed on a monthly level.
‘As per the budget 2011 the overall emphasis is on private sector
development agenda and the pivotal role that the Industry and Commerce
Ministry has to play must be understood within these parameters’
Minister Bathuideen said.
The development of Industrial estates will be allocated Rs 263
million, the export development initiatives Rs 450 million, Commerce
Ministry on trade development Rs 501 million, Textile development Rs 25
million, Die and mould facilitation centres Rs 45 million, Leather and
Footwear Industry Rs 15 million among others.
The Minister said that money has been allocated across the value
chain in multiple sectors based on a carefully planned trade and
development initiative.
All Advisory Committee members of the Ministry and Export Development
Board (EDB) who are from the private sector will be consulted on a
quarterly basis so that a clear understanding from the ground end can be
gathered for each market segment and product category so that Government
officials can work in partnership to ensure that Sri Lanka’s trade can
be made competitive.
He also highlighted the role trade officers will take in each
respective market so that Sri Lanka exports can reach 15 billion dollars
by 2015 and 20 billion by 2020.
The Industry Ministry Cluster Group will be meeting the Minister
within the next two weeks so that the planned budgetary activity will
start getting implemented with the Ministry officials immediately.
A separate new program to develop one million household economic
groups as per the budget is also done so that micro industry development
will become at the smallest unit in Sri Lanka at the household level.
On a monthly basis a review will be done on all agencies that come
under the purview of the Ministry. |
