Cabinet approval has been granted for the implementation of two projects for the development of some selected premises of the Pelwatte and Sevanagala sugar factories as tourist attractions.

According to the government, four selected places in the Pelwatte sugar factory premises have been identified as tourist attractions, drawing special attention to ecotourism, agrotourism, wellness tourism, and conservation-based tourism.

The sites have been recognized based on the recommendations of the feasibility study conducted by the Public-Private Partnership National Agency. 

Furthermore, four places of the Sevanagala sugar factory have also been identified as sites that could be developed as tourist attractions. 

Accordingly, the Cabinet of Ministers has approved the joint proposal presented by the Minister of Tourism and the Minister of Industry and Entrepreneurship Development to implement two projects under the Public-Private Partnership National Methods for this purpose.

Per the proposal, the selected areas of the Pelwatte sugar factory and the Sevanagala sugar factory, which are under Lanka Sugar (Pvt) Ltd, will be developed into tourist attractions. (Newswire)

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Opposition Leader Sajith Premadasa has raised serious concerns over the deteriorating state of the Pelwatte and Sevanagala sugar factories, blaming government mismanagement for the ongoing crisis.

Issuing a statement, Premadasa said that despite repeated warnings, the two state-owned institutions, once considered national assets, are now facing deep financial and operational troubles.

He revealed that the Pelwatte Sugar Company has failed to pay EPF contributions for the past nine months, accumulating dues of Rs. 324 million, along with Rs. 23 million in penalties. He also noted that the company had taken loans of Rs. 500 million in August 2024, Rs. 1 billion in November 2024, and another loan recently to pay salaries.

According to Premadasa, Pelwatte owes Rs. 300 million to farmers and Rs. 400 million to suppliers. The factory employs 3,795 staff and supports around 5,700 farming families.

Sevanagala is in a similar situation, he added, with outstanding payments of Rs. 205 million to farmers, Rs. 150 million in EPF arrears, Rs. 100 million to suppliers, and Rs. 400 million in unpaid VAT to the government. The factory employs 1,300 workers and sustains about 3,900 farming families, while owing Rs. 200 million to the Bank of Ceylon, the opposition leader revealed.

Premadasa accused the government of turning a blind eye to these issues, despite being repeatedly questioned in Parliament. He urged the government and the relevant minister to take immediate steps to protect these vital industries and safeguard the livelihoods of thousands. (Newswire)

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Local milk powder producers have announced there will be no reduction in milk powder prices, despite a reduction in the prices of imported milk powder.

Last week, milk powder importers in Sri Lanka announced that the price of imported milk powder will be reduced from today (27). 

According to the importers, the price of a 1kg packet of imported milk powder has been reduced by Rs. 200, with the new price at Rs. 2900.

The price of a 400-gram packet of imported milk powder has been reduced by Rs. 80 with the new price of Rs. 1160.

However, according to Hiru News, local milk powder producers Milco and Pelwatte have announced there will be no reduction in the prices of locally produced milk powder.

The Chairman of MILCO Private Limited Renuka Perera stated that this was due to a reduction in the stock of milk obtained from local farmers.

Perera said that local farmers who were providing nearly 1.2 million litres of milk on a daily basis are now only providing 500,000 litres of milk.

Milco Chairman said that thereby, it was impossible to reduce the prices of locally produced milk powder at present. 

Meanwhile, the Chairman of Pelwatte Dairy Industries Limited, Ariyaseela Wickramanayake said there was no requirement to reduce the price of locally produced milk powder due to a reduction in the price of imported milk powder. (NewsWire)

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