Press briefing of Cabinet Decision taken on 2018-07-03

Allocation blocks of Land from the Regional Industrial Estates to set up Industries

- The Regional Industrial Estates have been established with the objective of promoting the industries at regional level and the selection of investors anticipating to establish industries, will be performed by the Regional Industrial Services Committee and the Project Evaluation Committee of the Ministry. Accordingly, considering the direct employment opportunities to be generated with a total investments exceeding Rs.4 billion from such industries, the proposal made by Hon. Rishad Bathiudeen, the Minister of Industry and Commerce, to allocate blocks of land from the Industrial estates located in areas of Puttlam, Noorani, Bata Atha, Nalanda, Nalanda Ellawala, Laksha Uyana, Raigampura and Millewa, for a lease period of 35 years, to the investors selected, as per the recommendations of those Committees, was approved by the Cabinet.