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Press briefing of Cabinet Decision taken on 2020-02-12
Implementation of the Value Addition Project for Mineral Sand excavated by Lanka Mineral Sands Ltd. under the Public-Private Partnership (PPP) Method
A market competition has been created among the other countries in the global market by selling value-added products at present and therefore, it has been found necessary to pay attention on the export of value-added products of mineral sands to the world market rather than export of mineral sands in the Raw Form. In order to achieve the said target, the proposal made by the Minister of Industry and Supply Management for the implementation of a value addition export programme by starting a Public-Private Partnership project utilizing the Mineral Sand excavated by Lanka Mineral Sands Ltd., was approved by the Cabinet.