Aug 22, Colombo: Sri Lanka Ministry of Industries and Commerce has initiated a pilot project to create a comprehensive database of small, medium and large scale rubber products manufacturers island wide.
Under the project, the Ministry has already entered data of 75 rubber goods producers in Colombo, Gampaha and Kalutara districts.
The Ministry has spent Rs.3 million for the project. It is expected to enter the countrywide data of the manufacturers of rubber goods by end of year 2013.
The Ministry says the project aims to obtain information in preparing a policy for rubber industry and also to furnish information for foreign investors.
The Ministry has identified the rubber products manufacturing industry as one of the thrust areas for development in its SME development effort.
The government has also reiterated the significance of rubber industry as a primary contributor to industrial development and export income while generating high quality employment, the Ministry states.