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Tue09182018

Last updateThu, 13 Sep 2018 10am

Local News

'Enterprise Sri Lanka' defined as a turning point in the country's economic and development drive

Prime Minister Ranil Wickremasinghe says, the Enterprise Sri Lanka Investment Promotion Programme is fundamental in building a prosperous country. For economic growth to be attained, employment generation is a must. Therefore, the Premier requests the Private Sector to formulate their strategies to reap the maximum benefits from Enterprise Sri Lanka. The government has allocated more than 10 billion rupees for this program. A development finance corporation will also be established to support this programme. The cabinet paper in this regard is being prepared.

The Premier emphasizes, we need to win the international market. Therefore, we need to identify the challenges in the way, and surmount them. In this process, foreign investments and new technology is vital. He added, the government is aware of the private sector's capabilities in this area.