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Sri Lanka to formulate national policy for industrial development

22 August 2019 12:01 am - 0     - {{hitsCtrl.values.hits}}

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The Cabinet approval has been received to formulate a national policy for industrial development by addressing the current constraints which hinder the growth of local industries.
The Cabinet of Ministers on Tuesday approved a memorandum presented by the Industry and Commerce, Resettlement of Protracted Displaced Persons, Co-operative Development, Vocational Training and Skills Development Minister Rishad Bathiudeen to formulate the required national policy for local industries, which has been identified as crucial for growth and sustainability of local industries.

The Cabinet office stated that the contradictory policies, technology constraints, low level of infrastructure, shortage in human resources, high energy costs and deficiencies in legal framework have been identified as key constraints for the development of local industries.

 

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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.