Business Times

Govt. further develops Trinco investment zone

The regional industrial zone development will continue with the Ministry of Industry and Commerce beginning stage two of the Trincomalee Industrial Estate, according to a ministry media release.
This was stated by Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka during the first Regional Industrial Development Progress Review for 2012 of the ministry. Directors representing the regional industrial centres of Kandy, Trincomalee, Galle, Anuradhapura, Kurunegala, and Ratnapura took part.

On a proposal made by Mr Bathiudeen, Cabinet approved the Trincomalee Industrial Estate’s Stage II in August 2011 where a proper garbage disposal system, waste water treatment facilities, roadways and other common amenities will be done at a cost of Rs. 256 million for its 24 acres.

“I am also planning to do on-site, B2B style meetings with zone investors in all the zones across the country,” the minister was quoted as saying in the release. “These meetings will focus on investors’ immediate operational problems as well as long term sustainability issues where we need to assist them.”

Also present during the session were Tilak Collure (Secretary, Ministry of Industry and Commerce), W.D. Jayasinghe (Additional Secretary - Regional Industry (Development) and Kosala Godawita (Deputy Director of Commerce).

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