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 – 2023 October)
Num. of Loans – 3,410
Total Loan Amount – Rs. 16.89 Billion

Loan TypeMaximum Loan Amount (Rs)Interest RateRepayment Period (Years)
General25 Mn8%10 (Including 2years grace period)
TA2.5 Mn5%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)                                                                                                                                                                                                                                

  1. Bank of Ceylon                                                                           
  2. People’s Bank
  3. Regional Development Bank (RDB)
  4. National Development Bank (NDB)
  5. DFCC Bank
  6. Sampath Bank
  7. Seylan Bank
  8. Hatton National Bank (HNB)
  9. Commercial Bank
  10. Sanasa Development Bank (SDB)

For more details  –

 E Friends II – RF Loan Scheme

Current Progress (2018 – 2023 October)
Num. of Loans – 138
Total Loan Amount – Rs. 1.52 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)

  1. Bank of Ceylon
  2. People’s Bank
  3. Regional Development Bank (RDB)
  4. National Development Bank (NDB)
  5. DFCC Bank
  6. Sampath Bank
  7. Seylan Bank
  8. Hatton National Bank (HNB)
  9. Commercial Bank
  10. LOLC Finance
  11. People’s Leasing & Finance PLC 

For more details  – 

Contact Details

             

Name DesignationTelephoneFax / 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 RizviDeputy Project Director+9411232 9 722+94 11 243 6 662
pmu@industry.gov.lk
pmu116mic@gmail.com
Mr. S H FernandoProject Finance Manager+9411232 6 597+94 11 232 6 597
pmu@industry.gov.lk
pmu116mic@gmail.com
Mr. M.A.N.K. ManimendraProject Assessment Officer+94 11 239 0 142+94 11 243 6 662
pmu@industry.gov.lk
pmu116mic@gmail.com
Mrs. Keshika JayasingheEnvironmental Officer (Actg)+94 11 239 0 142+94 11 243 6 662
pmu@industry.gov.lk
pmu116mic@gmail.com