Industrial promotion with modern technology is a basic requirement for the development of the country – Minister of Industries

Dr Ramesh Pathirana, Minister of Industries and Plantation said that the main factor for the economic development of a country is the industrial promotion carried out in the country along with the updated technology.

The minister pointed out that this morning, joining the inauguration of the newly established Science and Technology Business Center (S&T Business Center), Petroleum & Lubricant Testing Laboratory and Pharmaceutical Testing Laboratory at the Industrial Technology Institute (ITI) operating under the Ministry of Industries.

The Minister stated that in the past seventy-five years after independence, the government investment made for the industrial industry sector was very less compared to other sectors and it had affected the economic development of the country. The Minister further expressed that the government was taking measures to change this situation quickly.

As well, the Minister expressed his thanks to the Industrial Technology Institute for its contribution to introducing innovative industries and maintaining the technical standards of industrial products. He also stated that everyone should work together as a country for an export-oriented industrial economy.

Industrial Technology Institute (ITI)established in 1955, is a multidisciplinary national organization recognized locally as well as internationally and has been operating as a market-leading partner for its clients and stakeholders. Over the past few years, ITI has provided services to companies doing business in domestic and export markets, national infrastructure development projects and overseas industries.

ITI provides technical services, laboratory services as well as research and development work. Those are based on the fields of Environmental Technology (ET), Food Technology (FT), Herbal Technology (HTD), Material Technology (MT) and Engineering Services. The divisions and laboratories opened today also join the standardized industrial development related to the country’s products.

Dr G.A.S. Premakumara, chairman of the Industrial Technology Institute, its officials, and a group of dignitaries from many other public and private institutions attended this event.