Govt. considers aluminium imports as raw material to create jobs - Cabraal | Daily News


 

Govt. considers aluminium imports as raw material to create jobs - Cabraal

The Government is to consider whether aluminium could be imported as a raw material and add value here in the country creating employment opportunities while saving much foreign currency, said Money and Capital Market and State Enterprise Reforms State Minister Ajith Nivard Cabraal yesterday. He made this observation in response to a suggestion made by Sri Lanka Podujana Peramuna MP Mohamed Muzamil during the round of questions for oral answers.

The State Minister said that he would discuss with President Gotabhaya Rajapaksa and Prime Minister Mahinda Rajapaksa on the matter and additionally to see if export of scrap aluminium prevented allowing the same be used by local manufacturers.

It was revealed during the round of questions that a sum of Rs 95,723 million is spent on aluminium imports annually.

MP Muzzamil said that mostly aluminium is imported as a value added product and queried if the government could import it as raw material and add value in the country as it will create employment opportunities, boost industry and save the flow of money out of the country. He also said the country exports scrap aluminium and queried if the government could prevent it and make provisions for the local manufacturers to use them.

State Minister Cabraal said that both suggestions were good and said he would discuss the matter with the President and Prime Minister and see if the proposal could be realized.