Industry – Newswire https://www.newswire.lk Sri Lanka's largest News aggregator Fri, 20 Jun 2025 07:52:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.6 https://www.newswire.lk/wp-content/uploads/2020/05/favicon.png Industry – Newswire https://www.newswire.lk 32 32 MPs appointed to every district for advancement of Industry and Services https://www.newswire.lk/2025/06/20/mps-appointed-to-every-district-for-advancement-of-industry-and-services/ Fri, 20 Jun 2025 07:52:37 +0000 https://www.newswire.lk/?p=191915

The Ministry of Industries and Entrepreneurship says it has established District Industrial Committees and advisory committees to address district-specific issues. Continue Reading

The post MPs appointed to every district for advancement of Industry and Services appeared first on Newswire.

]]>

The Ministry of Industries and Entrepreneurship says it has established District Industrial Committees and advisory committees to address district-specific issues. 

These committees include key district-level officials such as the District Secretary, the Governor, and the Chairperson of the District Coordinating Committee.

Additionally, at the Divisional Secretariat level, Divisional Industrial Committees are functioning under the leadership of the Chairperson of the Divisional Coordinating Committee.

A special discussion regarding the coordination of the Ministry of Industries’ operations and district-level activities was held in Parliament this week under the leadership of the subject Minister Sunil Handunneththi and Deputy Minister Chathuranga Abeysinghe.

This meeting was attended by Members of Parliament representing every district of Sri Lanka, along with the private staff of both the Minister and Deputy Minister. 

The main objective of this meeting was to establish mechanisms to address district-specific issues under the mediation of 25 designated Members of Parliament.

Industrial Development Committees and Their Functioning

The Ministry has already initiated the establishment of District Industrial Committees, which include key district-level officials such as the District Secretary, the Governor, and the Chairperson of the District Coordinating Committee.

Additionally, at the Divisional Secretariat level, Divisional Industrial Committees are functioning under the leadership of the Chairperson of the Divisional Coordinating Committee.

These committees also include representatives from:

– Industrial Development Officers

– Provincial Industrial Authorities

– Industrial Development Board (IDB)

– National Enterprise Development Authority (NEDA)

– Small Enterprise Division (SED)

– Export Development Board (EDB)

– National Craft Council and similar institutions.

Moreover, infrastructure-related agencies such as Chambers of Commerce, Banks, the Urban Development Authority (UDA), the Ministry of Lands, and Energy Committees can also be invited to participate as relevant.

The primary goal of these committees is to resolve industry-related issues, such as land acquisition, raw material transportation, bank credit, and energy supply, at the regional level.

If these issues cannot be resolved regionally, they must be escalated to the District Committee, and if still unresolved, further referred to the Ministry.

Role of the Ministry and Advisory Committees

The main function of the Ministry of Industries is to facilitate and support industrial activities, not to engage in industrial production itself. The Ministry is responsible for resolving policy-related issues, including taxation, import/export challenges, and more.

There are about 24 Advisory Committees established for various sectors such as garments, food, boat manufacturing, spices, vehicle manufacturing, and consumer goods. These consist of representatives from leading institutions and chambers within each sector.

These committees discuss policy-related matters (e.g., VAT, import/export regulations) and submit recommendations to the Ministry, the Cabinet, the Ministry of Finance, or the Ministry of Trade, as appropriate.

The Role of Parliamentarians

It was emphasized that Members of Parliament should focus on resolving issues at the policy level, rather than engaging in day-to-day, village-level matters such as loans, property disputes, or business conflicts. Such grassroots issues should be addressed by the relevant local committees, and only unresolved policy-level matters should be brought before the Ministry.

Key Responsibilities of Parliamentarians at the District Level:

  • Launching large-scale projects: Initiating major industrial ventures (e.g., a garment factory or industrial zone) that generate significant employment.
  • Utilizing idle lands and buildings: Identifying underused or uncultivated lands and government buildings and proposing their industrial use to the Ministry.
  • Reactivating dormant industrial estates: Identifying non-functional factories or lands in existing industrial estates and facilitating their reactivation or handover to new entrepreneurs (agreements may be arranged through the Ministry).
  • Preparing study reports: Compiling data and reports on available lands and businesses for submission to the Ministry.

Parliamentarians Appointed for Ministry Coordination by District:

  • Vasantha Piyathissa – Ampara District
  • Upali Samarasinghe – Vavuniya District
  • Oshani Umanga – Kalutara District
  • Nandana Padma Kumara – Kalutara District
  • Ajantha Gammaddage – Matara District
  • T.K. Jayasundara – Galle District
  • Rajeevan Jeyachandramurthy – Jaffna District
  • Dr. Sellathambi Thilakanathan – Mullaitivu District
  • Aruna Panagoda – Colombo District
  • Kandasamy Prabhu – Batticaloa District
  • Padmasiri Bandara – Polonnaruwa District
  • Ravindra Bandara – Badulla District
  • Vijesiri Basnayake – Kurunegala District
  • Sunil Rajapaksha – Ratnapura District
  • Deepthi Wasalage – Matale District
  • Ruwan Wijeweera – Monaragala District
  • Athula Welangoda – Hambantota District
  • Champika Hettiarachchi – Gampaha District
  • Mohamed Faizal – Puttalam District
  • Thilina Samarakoon – Anuradhapura District
  • Roshan Akmeemana – Trincomalee District
  • Thanura Dissanayake – Kandy District
  • Manjula Suraveera – Nuwara Eliya District
  • R.M. Samantha Ranasinghe – Kegalle District
  • M. Jegadeeswaran – Mannar District
  • Elankumaran – Kilinochchi District. (Newswire)

The post MPs appointed to every district for advancement of Industry and Services appeared first on Newswire.

]]>
Import restrictions to strengthen local industries : Discussion held https://www.newswire.lk/2025/03/14/import-restrictions-to-strengthen-local-industries-discussion-held/ Fri, 14 Mar 2025 10:28:34 +0000 http://www.newswire.lk/?p=179096

President Anura Kumara Dissanayake has held a meeting with officials of the Ministry of Industry and Entrepreneurship Development focused onContinue Reading

The post Import restrictions to strengthen local industries : Discussion held appeared first on Newswire.

]]>

President Anura Kumara Dissanayake has held a meeting with officials of the Ministry of Industry and Entrepreneurship Development focused on enhancing the efficiency, integration and development of the manufacturing sector to strengthen the national economy.

The meeting held at the Presidential Secretariat today (14 Mar), also addressed the challenges associated with these efforts.

Key topics included government-led initial investments and proper regulation to empower small and medium-scale entrepreneurs, the establishment of local small-scale industries within investment zones and challenges related to business loans faced by small and medium-scale enterprises.

During the meeting, President Dissanayake directed officials to expedite the release of lands allocated to the Ministry of Industry that have not been released so far.

Further discussions were held on maintaining and regulating import restrictions to strengthen local industries, prioritizing local suppliers in construction industry procurement and resolving issues in the gem and jewellery sector to ensure its full contribution to the national economy.

The President also instructed officials to swiftly implement tax exemptions for tourists to boost the gem and jewellery industry.

Minister of Industry and Entrepreneurship Development Sunil Handunnetti, Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeysinghe, Secretary to the President Dr. Nandika Sanath Kumanayake, Secretary to the Ministry of Industry and Entrepreneurship Development Thilaka Jayasundara and several other ministry officials attended the meeting. (Newswire)

The post Import restrictions to strengthen local industries : Discussion held appeared first on Newswire.

]]>
Govt targets 20% GDP from manufacturing by 2030 https://www.newswire.lk/2024/08/01/govt-targets-20-gdp-from-manufacturing-by-2030/ Thu, 01 Aug 2024 06:13:24 +0000 http://www.newswire.lk/?p=154045

The Government has set a target of increasing the manufacturing sector’s contribution to the country’s GDP from 16% to 20%,Continue Reading

The post Govt targets 20% GDP from manufacturing by 2030 appeared first on Newswire.

]]>

The Government has set a target of increasing the manufacturing sector’s contribution to the country’s GDP from 16% to 20%, by the year 2030, the Ministry of Industry said.

Secretary to the Ministry, Shantha Weerasinghe said it also includes raising the role of entrepreneurship in the workforce from 2.8% to 7% and boosting industrial exports’ contribution to GDP from 14% to 20%. 

He pointed out that to achieve these objectives, the “National Industry Policy,” along with the five-year strategic plan for 2023-2027, has been prepared to establish a globally competitive national industry base in Sri Lanka. 

Shantha Weerasinghe further said that the five-year strategic plan for 2023-2027 has already been submitted to the Department of National Planning.

He also emphasized that the Ministry of Industry has played a crucial role in reviving the country’s economy amid past economic crises.

The Secretary to the Ministry of Industry made the remarks while addressing a press briefing held at the Presidential Media Centre (PMC) on Wednesday. (Newswire)

The post Govt targets 20% GDP from manufacturing by 2030 appeared first on Newswire.

]]>