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Sri Lanka President orders faster industry projects, exporter concessions

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Home Southern Asia Sri Lanka

Sri Lanka President orders faster industry projects, exporter concessions

by Asia Today Team
July 14, 2026
in Sri Lanka
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Posted by ONLANKA Information Desk on July 14, 2026 – 3:22 pm

Sri Lanka President orders faster industry projects, exporter concessions

Sri Lanka President Anura Kumara Dissanayake has instructed officers to finish all ongoing trade improvement tasks inside their scheduled timeframes and submit proposals for basic concessions to help exporters and industrialists.

The directions had been issued throughout a pre-Finances dialogue held on the Presidential Secretariat yesterday afternoon (July 13) below the patronage of the President.

The assembly reviewed the progress of tasks carried out below the 2026 Finances allocations for the Ministry of Business and Entrepreneurship Growth and mentioned proposals for the 2027 Finances.

Officers individually reviewed the work carried out by every division of the Ministry and the establishments working below it utilizing the 2026 Finances allocations.

The President examined the present progress of plans to determine industrial zones in Dambulla, Ingiriya, Valachchenai, Millaniya and Katunayake.

Discussions targeted on issues associated to land allocation and the event of important infrastructure, together with electrical energy, water and roads. The pressing measures required to resolve these points had been additionally thought of.

President Dissanayake instructed officers to make each effort to finish all tasks already launched below the Ministry inside the stipulated intervals.

He additionally mentioned the Authorities’s function and limitations within the industrial sector have to be clearly recognized.

The assembly reviewed the event of state-owned enterprises and mentioned points affecting the sugar and salt industries. Different proposals to deal with these issues had been additionally thought of.

Officers additionally examined the progress of the method to consolidate establishments working below the Ministry of Business and Entrepreneurship Growth.

The President mentioned giant establishments had been established at completely different instances to satisfy varied wants, making a state of affairs the place they now needed to be maintained utilizing taxpayers’ cash.

He pressured that consolidating these establishments ought to enhance effectivity whereas decreasing operational expenditure in contrast with the prices incurred earlier than consolidation.

Officers briefed the President on the proposal to determine the Entrepreneurship and Business Transformation Authority, generally known as EITA, and the programme anticipated to be carried out below the Authority.

The challenges confronted by exporters and industrialists in finishing up their actions had been additionally mentioned.

The President instructed officers to submit proposals for basic concessions that would encourage exporters and industrialists.

He mentioned Sri Lanka may develop distinctive experience by figuring out a number of key areas inside the industrial sector and offering the amenities wanted for his or her improvement.

Minister of Business and Entrepreneurship Growth Sunil Handunnetti, Minister of Labour and Deputy Minister of Finance and Planning Anil Jayantha Fernando, and Deputy Minister of Business and Entrepreneurship Growth Chathuranga Abeysinghe attended the dialogue.

Secretary to the President Dr Nandika Sanath Kumanayake, Chief of Presidential Employees Prabath Chandrakeerthi, Senior Further Secretary to the President Russell Aponsu, Secretary to the Ministry of Finance, Planning and Financial Growth Dr Harshana Suriyapperuma, and Secretary to the Ministry of Business and Entrepreneurship Growth Thilaka Jayasundara additionally participated.

Officers from the Ministry of Finance and the Ministry of Business and Entrepreneurship Growth had been additionally current.


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