CNCI holds 51st Annual General Meeting
Sara Pathirana
The Ceylon National Chamber of Industries (CNCI) held their Annual
General Meeting in Colombo on Friday.
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The Ceylon National Chamber of Industries CNCI held their 51st
AG M in Colombo on Friday. Here the CNCI Chamber officials at
the Head table . From left Kumara Kandalama, Secretary General /
CEO CNCI , Gamini Marambe, Deputy Chairman , Lal de Mel, (
Honorary Patron ), Anura Siriwardena, Special Guest , Secretary
to the Ministry of Industries and Commerce and Honorary Patron
CNCI , Preethi Jayawardena, Chairman CNCI , Gamini Gunasekara,
Senior Vice Chairman and Tissa Seneviratne, Vice Chairman.
Picture by-Saliya Rupasinghe |
The re-appointed CNCL President Preethi Jayawardena said, The Ceylon
National Chamber of Industries (CNCI) had a very successful year and for
the first time, was granted the highest ever international project, the
SWITCH – Asia, their 4th project proposal for Sri Lanka with a grant of
EURO 1.57 million, as well as The CBSL Governor granting the Global
Commerce Excellence Award 2011 to CNCI.
Jayawardena said they also earned over Rs. 2 million from the CNCI
Achievers Awards held recently. They have also managed to increase
revenue by authorizing the Certificates of Origin for Export Sector
Enterprises.
He said they have witnessed quite a momentous change in the attitudes
of their members with positive and cooperative inputs that were willing
to assist the chamber. They now have a membership subscription increase
of 265 to date. Commenting on the state of the economy he said that the
country has got its economic fundamentals right and that the budget
deficit has been reduced to below 7 % and total GDP has been brought
down to around 78 % which was better compared to the Eurozone.
Unemployment was around at a praiseworthy 4.4 % while the per capita
income was around US $ 3,000 and expected to touch the US $ 4,000 mark
by 2016. He further discussed about the domestic economy’s demand and
supply issues where he emphasized the matter of Sri Lanka’s export
performance being less progressing towards improvement any time soon.
On the contrary, import growth is likely to be sustained by vigorous
domestic consumption and production. There is decline in the
agricultural sector due to the extreme drought, hitting the
hydro-powered electricity generation as well.
The export-oriented production has shown a decline due to the
persistently feeble demand from traditional export markets. |
