Katubedda, Sri Lanka – The Minister of Industry and Entrepreneurship Development, Sunil Handunnetthi, has announced a comprehensive strategy to transform Sri Lanka’s industrial sector through a National Industrial Plan aimed at building a robust manufacturing economy. This was revealed during an observation tour of the Industrial Development Board (IDB) in Katubedda on November 28.
Deputy Minister Chathuranga Abeysinghe joined the tour, focusing on aligning the IDB’s activities to provide better facilities and opportunities for local industrialists. The ministers inspected various departments, including engineering, foundry, laboratories, and workshops, and instructed officers to resolve operational issues swiftly to enhance service delivery.
Key Initiatives Announced by the Minister
- Industrial parks across Sri Lanka to be restructured under a National Industrial Plan to replace politically motivated strategies.
- Focus on increasing national production and boosting export income.
- Commitment to local manufacturing: "Produce locally, import only essentials."
- Assurance of raw material supply through government institutions to support industrialists.
Minister Handunnetthi emphasized the need to revitalize industrial parks, stating that 33 parks under the Ministry of Industries and 17 under the IDB will be realigned to support national economic goals.
This initiative aims to empower Sri Lankan industrialists, ensuring efficient use of resources and boosting the nation’s industrial capacity.
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