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Sri Lanka’s first National Industry Information System launched…

Sri Lanka’s first National Industry Information System launched… The National Industry Information System (NIIS), a new digital platform designed to manage all information related to economic and industrial activities across Sri Lanka, was launched in Colombo on (06) under the patronage of the Minister of Industries and Entrepreneurship Development, Mr. Sunil Handunnetthi. Chrysalis is providing technical and financial support for this National Industry Information System, which is being implemented by the Ministry of Industries and Entrepreneurship Development. This information system, which acts as a central database for the industrial sector, contains information including details of industries operating in Sri Lanka, business classification, legal status, registration information, UN classification, industry scale, production data, raw material use, market coverage, employment, energy and fuel consumption, waste management and disposal methods. Industrialists can register for this National Industrial Information System by creating their own user account or by submitting information through authorized government officials, and after registration, an official certificate is issued to the industry recognizing it as a registered entity in the National Industrial Database. A special feature of this information system is that registered industries are required to update their business information annually. This will provide the opportunity to make decisions based on more accurate information when making policy decisions in the industrial sector. Minister Sunil Handunnethi said that the Ministry of Industries has initiated the first step towards digitizing the country’s industries and that this new National Industrial Information System will act as a valuable tool for policy formulation, market research, competitive analysis and strategic planning, paving the way for Sri Lanka’s industrial sector to achieve sustainable growth and global competitiveness. Deputy Minister of Industries and Entrepreneurship Development Chathuranga Abeysinghe, Secretary to the Ministry of Industries and Entrepreneurship Development Thilaka Jayasundara, Controller General of Immigration and Emigration Chaminda Pathiraja, Additional Secretaries and officials of the Ministry of Industries and Entrepreneurship Development, officials of Chrysalis, industrialists and a group of others participated in this event.

An Investigation and Inspection Unit for the Geological Survey and Mines Bureau……

An Investigation and Inspection Unit for the Geological Survey and Mines Bureau… A special discussion between the officials of the Geological Survey and Mines Bureau (GSMB) and the Minister of Industries and Enterprise Development, Mr. Sunil Handunnetti, was held on the 28th at the GSMB premises in Pitakotte. The Bureau, which had previously operated under the Ministry of Environment, was brought under the Ministry of Industries and Enterprise Development from October 18. Established in 1903 as the Ceylon Mineral Survey Department, the Geological Survey and Mines Bureau is responsible for mineral exploration, issuing mining licenses, managing exploration and lease rights, maintaining laboratory services, and providing geological information. During the discussion, Minister Sunil Handunnetti stated that the current contribution of the mineral resources sector to Sri Lanka’s economy remains at a very low level. He emphasized that to maximize this contribution, a national policy on mineral resources should be developed, with clear guidelines and frameworks to direct related activities. The Minister further highlighted the importance of value addition to the country’s mineral resources. He also mentioned that the government has already identified the barriers that have hindered the development of the mineral resources industry in the past and assured that measures will be taken promptly to remove those obstacles and properly position the mineral sector within the Sri Lankan economy. Minister Handunnetti inspected the premises of the Geological Survey and Mines Bureau, where officials briefed him on various ongoing issues — including staff-related matters, licensing problems, legal concerns, and transport difficulties. The Minister emphasized the urgent need to establish an Investigation and Inspection Unit within the Bureau to address these challenges effectively. The event was also attended by Ministry Secretary Ms. Thilaka Jayasundara, GSMB Chairman Mr. Saman Jayasinghe, Director General and Geologist Ms. Deepani Weerakoon, several Additional Secretaries of the Ministry of Industries, and a number of senior officials and staff members of the Bureau.

Rs.16 million for industrialists to obtain international Quality Certifications

Rs.16 million for industrialists to obtain international Quality Certifications Protect of the local industrialist is the responsibility of the government – Minister of Industries S.B. Dissanayake Identify the necessity in the world and supply the products to the world market – Minister of Industries S.B. Dissanayake Mr. S. B. Dissanayake, Minister of Industries pointed out that protecting the small and medium scale industrialists and taking them forward is a very important task to be done to strengthen the manufacturing economy of Sri Lanka. He further explained that in order to get rid of the current situation in the country, local products should be increased while protecting the local industrialists. The Minister pointed out these facts while participating in the Financial Awards Ceremony held at the Ministry of Industries yesterday (2022 – 03-09) for selected industrialists engaged in the food production sector under the International Quality Assurance Project on Government Relief Basis. Rs.16 million for the year 2021 was provided to 58 selected industrialists engaged in the field of food production under the International Quality Assurance Project on Government Concessional Basis implemented by the Ministry of Industries. The project aims to increase productivity, food security, product promotion, and energy efficiency in small and medium enterprises. Mr. S.B. Dissanayake, Minister of Industries said that although the local industries have been severely affected by the covid epidemic over the past year, seeking international standardization certification demonstrates the commitment and determination of our entire local industrialists General Daya Ratnayake, Secretary of the Ministry of Industries, Mr. Chaminda Pathiraja Additional Secretary, Mr. Udasiri Perera, Director, and a number of Ministry officials and industrialists were present at this occasion.

Signing the agreement relevant to reopening Embilipitiya Paper Mill

Signing the agreement relevant to reopening Embilipitiya Paper Mill We must accept local and foreign investors identifying the inherent threats and weaknesses of the country – S.B. Dissanayake, Minister of Industries Embilipitiya Paper Mill will be revived at an initial cost of Rs. 3.5 billion. Mr. S.B. Dissanayake, Minister of Industries while participating in the agreement-signing ceremony to reopen the Embilipitiya Paper Mill on 09/03/2022 expressed that the local and foreign investors should be properly identified and encouraged in order to recover from the difficulty where Sri Lanka has now fallen. Under the agreement, Korean Spa Packaging (Pvt) Ltd will make an initial investment of Rs 3.5 billion and it is expected to start production within a year and produce 75,000 metric tons of paper per year. The agreement was signed between National Paper Company Limited and Korean Spa Packaging Pvt Ltd. today at the Ministry of Industries in Colombo. Retd General Daya Ratnayake, Secretary to the Ministry, Wimal Rubasinghe, Chairman, Paper Company Ltd., Anurath Abeyratne, Chairman, Korean Spa Packaging (Pvt) Ltd, and Ministry officials were also present at the occasion.

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