Project Management Unit
Description:
This project management unit has been established under the Ministry of Industries with the objective of contributing to a balanced industrial development by financially strengthening small and medium scale entrepreneurs. The following two loan schemes are implemented through participating credit Institutions (PCIs).
SMILE III – RF Loan Scheme
Current Progress (2013 – 2022)
Num. of Loans – 3,222
Total Loan Amount – Rs. 15.05 Billion
| Loan Type | Maximum Loan Amount (Rs) | Interest Rate | Repayment Period (Years) |
| General | 25 Mn | 8% | 10 (Including 2years grace period) |
| TA | 2.5 Mn | 5% | 7 (Including 2years grace period) |
General loan scheme
It provides loans to small and medium scale manufacturing industries for machinery and working capital requirements as per the project Operating Instructions.
Technical Transfer Assistance Loan Scheme
Loans are provided to Technical Transfer activities in the manufacturing industries as per the Project Operating Instructions.
Participating Credit Institutes (PCI)
- Bank of Ceylon
- People’s Bank
- Regional Development Bank (RDB)
- National Development Bank (NDB)
- DFCC Bank
- Sampath Bank
- Seylan Bank
- Hatton National Bank (HNB)
- Commercial Bank
- Sanasa Development Bank (SDB)
For more details –
E Friends II – RF Loan Scheme
Current Progress (2018 – 2022)
Num. of Loans – 131
Total Loan Amount – Rs. 1.37 Billion
Loan Type | Maximum Loan Amount (Rs) | Interest Rate | Repayment Period (Years) |
General | 30 Mn | 6.5% | 10 (Including 2years grace period) |
TA | 1 Mn | 2% | 5 (Including 2years grace period) |
General loan scheme
Credit facilities are provided for machinery and Treatment Plant construction as per the Project Operating Instructions.
Technical Transfer Assistance Scheme
Loans are provided for consultancy services to implement the E-Friends project which entitle to apply for General Loans Scheme as per Operating Instruction.
Participating Credit Institutes (PCI)
- Bank of Ceylon
- People’s Bank
- Regional Development Bank (RDB)
- National Development Bank (NDB)
- DFCC Bank
- Sampath Bank
- Seylan Bank
- Hatton National Bank (HNB)
- Commercial Bank
- LOLC Finance
- People’s Leasing & Finance PLC
For more details –
Contact Details
| Name | Designation | Telephone | Fax / Email |
|---|---|---|---|
| Mrs. J.M. Thilaka Jayasundara. | Project Director | +94 11 243 6 123/ 4 | +94 11 244 9 402 |
| pmu@industry.gov.lk | |||
| pmu116mic@gmail.com | |||
| Mr. K M Rizvi | Deputy Project Director | +9411232 9 722 | +94 11 243 6 662 |
| pmu@industry.gov.lk | |||
| pmu116mic@gmail.com | |||
| Mr. S H Fernando | Project Finance Manager | +9411232 6 597 | +94 11 232 6 597 |
| pmu@industry.gov.lk | |||
| pmu116mic@gmail.com | |||
| Mr. M.A.N.K. Manimendra | Project Assessment Officer | +94 11 239 0 142 | +94 11 243 6 662 |
| pmu@industry.gov.lk | |||
| pmu116mic@gmail.com | |||
| Mrs. Keshika Jayasinghe | Environmental Officer (Actg) | +94 11 239 0 142 | +94 11 243 6 662 |
| pmu@industry.gov.lk | |||
| pmu116mic@gmail.com |