|Saturday, 7 June 2003|
A special meeting of investors was held to review the progress of industries in the Puttalam District and provide immediate solutions to the problems faced by investors. It was organised by the Puttalm Investors' Association conducted by the North-West Regional Economic Development Committee, at the Senatilleke Guest Inn, Puttalam recently.
Minister Peiris said the creativity and innovatory capacity of our youth, when compared with that of other countries, are at very high standards. What is necessary is some assistance for them to successfully carry forward a commercial project by linking their creativeness to the industrial sector.
"As the North West REDC has now given a hand in this, there will definitely be a considerable amount of job opportunities in this region through manufacturing concerns such as automated bicycles and three-wheeler manufactures", Peiris said.
Prior to the meeting, the Minister inspected exhibits of mopeds/bicycles named "Niranjan Rider" manufactured by connecting to a normal bicycle, a single cylinder engine powered by petrol and three-wheelers assembled in Sri Lanka under the brand name "Alba".
The moped/bicycle does 85-90 km on one litre of petrol and if required it could be ridden manually. The REDC expects to provide jobs at regional level through the assembly of mopeds/bicycles and three-wheelers.
Minister Peiris said that the future economic progress of this country will be based on a practical programme for sound industrial development.
The Ministry is now working on a programme to check the progress of all REDCs established and implement programmes to expedite industrial development activities in each area. For discussions and meetings organised in this regard with investors and industrialists, the Ministers and MPs of the relevant areas will be invited.
The Minister commended Deshamanya Lalith Kotalawela Chairman of the North West REDC, for the successful implementation of development activities in the region.
Chairman REDC Lalith Kotalawela said the priority is to start programmes small at village level and expand them to small and medium scale levels and alleviate poverty thereby establishing economic development.
The "Alba" three-wheeler factory which is planned to commence in Puttalam will provide jobs to 50 persons under the first stage, whilst the Niranjan Company bicycle assembly project which is now being introduced to the region, will first provide training and establish the project as a cottage industry among thousand families for self-employment.
The necessary know-how, finance, licenses, spares etc. will be provided by the REDC.
Present at this meeting were Minister A.H.M. Azwer, Mary Larine Perera MP, Palitha Ranga Bandara MP, Arjuna Mahnedran Chairman DG BOI, Deshamnya Lalith Kotalawela Chairman of the North West REDC, Suraj Dandeniya Director General REDC, M.I.B. Baafi member North West Provincial Council and investors and industrialists of the area.
Produced by Lake House