Lankapage Logo CP 22 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Minister instructs to take necessary steps with banks to speed up credit facilities for the SME industrialists
Wed, Jun 7, 2023, 09:22 pm SL Time, ColomboPage News Desk, Sri Lanka.

June 07, Colombo: Minister of Plantation Industries and Minister of Industries Ramesh Pathirana instructed the officials yesterday (06) in Parliament to speed up the activities of providing credit facilities through the intervention of the Ministry of Industry in order to avoid the difficulties faced by the small and medium scale industrialists.

Minister stated this when the Ministerial Consultative committee on Industries met yesterday (06) in Parliament under his chairmanship.

Accordingly, the minister gave the necessary instructions to the officials including Secretary to the Ministry Ms. Thilaka Jayasundara, to discuss with the banks and provide credit facilities to the industrialists who have already been given project reports.

The minister also said that through the restriction of imports, a great progress can be seen in the industrial sector of this country. Accordingly, the highest export income of 13.1 billion dollars was recorded last year (2022), he added.

The minister also stated that 22 car and three-wheeler assembly industrialists are currently working in the country and industrial development activities are being carried out in 20 identified areas.

Many issues related to various industries such as gem and jewelry, clay, cashews, cane, bamboo etc. were brought to the attention of the committee by the members. The Minister instructed the Ministry Secretary and other officials to take immediate action in this regard.

State Minister of Primary Industries Chamara Sampath Dasanayake and many members of Parliament were also present in the committee meeting. Ms. Thilaka Jayasundara, Secretary of the Ministry of Industry, and the officials of the institutions under the Ministry were also present.

 

ColomboPage - Recent 10 Stories ::
Six wild elephants killed in collision with trains
-- [3 minutes ago]
Suspect arrested with Rs 10 million worth of ‘ice’
-- [19 minutes ago]
Seylan Credit Cards and Union Assurance join hands to offer hassle-free life insurance payment options
-- [1 hour and 13 minutes ago]
Three wild elephants killed after being hit by a night mail train
-- [9 hours ago]
Providing loan guarantees for the upliftment of small and medium enterprises later this year
-- [9 hours ago]
Colombo Port City investor interest grows as Colombo Port City Economic Commission delivers rapid progress in 2023
-- [9 hours ago]
ComBank conducts hackathon for staff to display problem-solving ingenuity
-- [9 hours ago]
President calls on all Muslims to come together to overcome the nation’s challenges
Sri Lankan cricketer Danushka Gunathilaka found not guilty of sexual assault in Sydney
First phase of East Container Terminal of Colombo Port to start operations in June next year

Copyright © 2000, 2020 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.