Sri Lanka Chamber of Commerce pledges pro bono support for economic development:
New initiative launched to lower Electricity Costs:
President Anura Kumara Dissanayake, during a discussion held on Tuesday (29) with representatives of the Sri Lanka Chamber of Commerce (SLCC), at the Presidential Secretariat, said that, under his administration, the entire country will undergo Digital Transformation within the next 3 years. He highlighted that Digitisation holds the potential to elevate Sri Lanka’s global standing, and confirmed that his Government has already begun implementing related initiatives.
The discussion covered the challenges and future objectives in various Sectors, including Insurance, Banking, Construction, Tourism, Plantation Industries and Small and Medium-sized Enterprises.
The President emphasised that his Government is actively working on Economic Reconstruction and has introduced Tax Concessions for the public’s benefit. He also noted that Energy Autonomy is a priority in decisions regarding the Electricity and Energy Sectors. The upcoming Electricity Act aims to promote Energy Autonomy as a foundational goal.
President Dissanayake further stated that Reforms addressing inefficiency and employee management within the Ceylon Electricity Board are underway to enhance public service delivery and that, his Government aims to significantly reduce Electricity bills over the next few years.
President Dissanayake also highlighted that expanding the Export Sector and exploring new International Markets is a key priority for the Diplomatic service. To achieve this, his Government is appointing skilled and capable officers to Diplomatic roles.
The SLCC members also pledged their support for Economic Development efforts on a voluntary basis, without compensation.
Attendees at the event included Deepal Nelson, President of the National Chamber of Commerce and Managing Director (MD)-CEO of GSH City Hotel, Dr. Lakmal Fernando, Secretary of the NCC and MD-CEO of Region Renewables Pvt. Ltd; Patrick Alwis, MD of Ceylinco General Insurance Co. Ltd. and Nalin Edirisinghe, CEO of Pan Asia Bank, among others.
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