Press briefing of Cabinet Decision taken on 2020-02-12

Allocation of blocks of land from the Regional Industrial Estates to set up industries

The Regional Industrial Estates Development Programme implemented by the Ministry of Industries and Supply Chain Management is a major programme implemented with the objective of promoting industries. Under this programme, the 'Project Evaluation Committee of the Ministry' has recommended to allocate blocks of land to 8 investors to commence projects in the industrial estates. A sum of Rs.726.3 million is due to be invested to implement the project proposals presented by these investors and it is anticipated that it will generate 270 direct employment opportunities. Accordingly, the proposal made by the Minister of Industries and Supply Chain Management, to allocate the said blocks of land to the identified investors, was approved by the Cabinet.