State Minister Cabraal chairs EDAC meeting

A meeting of the newly set up Enterprise Development Advisory Council (EDAC) was held on March 26 at the Shangri-La Hotel under the patronage of State Minister for Finance and Capital Markets and Public Enterprise Reforms, Ajith Nivard Cabraal.

The progress of the subcommittees on ICT, Doing Business, Stock Market and Automobile initiated during the previous meeting was discussed. Representatives of public and private banks participated at the event and explained their programmes for business revival. An EDAC subcommittee was also established to actively support this endeavour.

Deputy Chairman of Committees Angajan Ramanathan, a group of entrepreneurs in the energy and construction sector, officials from National Chamber of Commerce and National Chamber of Industries were also present.