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* PM expects all state institutions to make special progress next year
Sat, Nov 27, 2021, 10:19 pm SL Time, ColomboPage News Desk, Sri Lanka.

Nov 27, Colombo: Sri Lanka’s Prime Minister Mahinda Rajapaksa stressed that all state institutions should make special progress next year.

He said all officials should pay attention to transform the companies that are currently making losses into profit making institutions next year.

The Prime Minister instructed the officials while participating as the Minister of Urban Development and Housing in the third quarter Progress Review of the Ministry of Rural Housing and Construction & Building Material Industries Promotion and its affiliates Friday (26) at Temple Trees.

Indika Anuruddha, State Minister of Rural Housing and Construction & Building Material Industries Promotion explained the purpose of the event and Secretary to the Ministry Sirinimal Perera, summarized the overall progress made so far.

Heads of National Housing Development Authority, Building Materials Corporation Limited, Department of Buildings, Department of Government Factory, Construction Industry Development Authority, State Engineering Corporation, National Equipment and Machinery Organization and Oceanview Development (Pvt.) Ltd. briefed the Prime Minister on the progress of their respective institutions.

A number of issues including obtaining provisions of Rs. 500 million per annum for 40,723 houses which are yet to be completed out of 72,000 half completed houses and obtaining provisions of Rs. 112 million for the completion of the remaining 31 houses and essential works of Maduluwawe Sobitha Nayake Thera Village as well as obtaining some relief from the relevant banks for the loans obtained by the institutions under the Ministry were brought to the fore during this meeting.

The Prime Minister stressing that work should not be allowed to falter during this challenging time advised the officials to take necessary decisions through discussions and legally complete the relevant work.

“In inter-agency collaborative projects, it is important that all organizations cooperate to complete the project. The government agencies should focus on providing cement and iron without any shortage as they did when there was a shortage of tiles in the market in the past,” he said.

The Prime Minister emphasized that the quality of raw materials imported for construction should be correct and it is important to guide importers to import the right quality raw materials.

It was also revealed that the State Engineering Corporation, which had been in a loss-making position with the reckless measures taken by the previous government, is now returning to a profitable position.

In addition, it was revealed that the Building Materials Corporation, which had incurred huge losses due to the irregularities in the distribution of goods by the Yahapalana government, has now become a profitable institution due to the commitment of the Prime Minister in charge of the subject, the State Minister and officials.

Several heads of institutions pointed out that a number of institutions, whose salaries were being paid by the Treasury, are now operating profitably without burdening the Treasury through the resumption of development projects that were halted under the previous government

State Minister Indika Anuruddha, Secretary to the Ministry of Urban Development and Housing Sirinimal Perera, heads of the institutions under the State Ministry and other senior officials were present at the meeting.

 

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