Feb 02, Colombo: State Minister of Fisheries and Aquatic Resources Development Dilip Wedaarachchi says the fisheries sector can become the turning point of Sri Lanka's economy with the approval of the cabinet of Ministers to establish a think tank to reach future goals through the sustainable development of the marine resources of the country.
The importance of making group decisions has been identified for the purposes of formulation of policies pertaining to the management and sustainable utilization of the marine resources of Sri Lanka, modernization of the Fisheries and Marine Tourism Sector, inclusive of the realization of aspirations, with a view to achieving economic development.
In this regard, it has been proposed to establish a Think Tank Forum to enable to take decisions, taking into account the views and proposals of the experts and research data.
Expressing his views on the establishment of the think tank forum, the state Minister said the think tank will have the capability to make the "Blue Economy" program and the community based management program introduced by the country's fisheries industry in 2016 a reality.
He said that most developed countries in the world consider input from think tanks in more critical situations such as taking policy decisions, finding solutions for global issues and economic management for successful outcomes.
The State Minister pointed out that instead of taking decisions by an individual or a small group, a think tank with the expertise and the knowledge of experts in the field and the intellectuals, suggestions and ideas of experts and data analysis could make most suitable and accurate decisions.
Further, the state minister said it is possible for the Think Tank Forum to take timely measures to reap maximum benefits from Sri Lanka's marine resources.
He further said the proposed think tank forum would be a vital element to bring in foreign direct investments (FDIs) to the country since there are many opportunities for foreign investments in the fisheries sector.
The Cabinet of Ministers has approved a proposal made by the Minister of Fisheries and Aquatic Resources Development Mahinda Amaraweera to establish a Think Tank Forum comprising of the economic experts, environmentalists, legal experts, marine engineers, naval and guided wave technicians, sociologists, representatives of the fisheries and tourism sectors and fishermen, under the Ministry of Fisheries and Aquatic Resources Development.