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Tuesday, January 04, 2011 - 04.43 GMT

Implementation plan for industry & commerce


Industry and Commerce Ministry yesterday launched a detailed action plan calendarised by month at the Ministry auditorium yesterday. This is for the 1.2 billion rupee trade and commerce development agenda of the Government for the year 2011.

The detailed plan of work has clear achievement guidelines to ensure that monitoring of its activation can be assessed on a monthly level.
The development of Industrial estates will be allocated Rs 263 million, the export development initiatives Rs 450 million, Commerce Ministry on trade development Rs 501 million, Textile development Rs 25 million, Die and mould facilitation centres Rs 45 million, Leather and Footwear Industry Rs 15 million among others.

According to Ministry sources money has been allocated across the value chain in multiple sectors based on a carefully planned trade and development initiative.

All Advisory Committee members of the Ministry and Export Development Board (EDB) who are from the private sector will be consulted on a quarterly basis so that a clear understanding from the ground end can be gathered for each market segment and product category so that Government officials can work in partnership to ensure that Sri Lanka’s trade can be made competitive.

A separate new program to develop one million household economic groups as per the budget is also done so that micro industry development will become at the smallest unit in Sri Lanka at the household level.

On a monthly basis a review will be done on all agencies that come under the purview of the Ministry.






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Last modified: January 04, 2011.

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