Cabinet approves to appoint Sub-Committee on lnvestment Promotion

(COLOMBO, LANKAPUVATH) –The Cabinet of Ministers has approved to appoint the Cabinet Sub-Committee on the lnvestment Promotion

The Government has prioritized the expansion of local and foreign investment facilities for an export and import substitution manufacturing economy that will benefit all parties while eradicating poverty through the National Development Program in the Policy Framework “Vistas of Prosperity and Splendor”.

The proposal was tabled by the President Gotabaya Rajapaksa.

The Cabinet of Ministers approved to appoint a Cabinet Sub-Committee on lnvestment Promotion, chaired by the President and comprising of the following Cabinet Members, to provide relevant policy and practical solutions.

Prime Minister, Minister of Finance and Minister of Urban Development and Housing Mahinda Rajapaksa
Minister of Fisheries Douglas Dewananda
Minister of Transport Gamini Lokuge
Minister of Trade Bandula Gunawardhana
Minister of Power Dullas Alahapperuma
Minister of Highways Johnston Fernando
Minister of lndustries Wimal Weerawansa
Minister of Environment Mahinda Amaraweera
Minister of Lands S.M.Chandrasena
Minister of Water Supply Vasudewa Nanayakkara
Minister of Minister of Energy Udaya Prabath Gammanpila
Minister of plantation Ramesh Pathirana
Minister of Tourism Prasanna Ranatunga
Minister of ports and Shipping Rothitha Abeygunawardhana
Minister of Justice Ali Sabri

cabinet approval was also granted to get the assistance of the following state Ministers for the activities of the Sub-Committee.

State Minister of Solar Power, Wind and Hydro Power Generation projects Development Duminda Dissanayake
State Minister of Warehouse Facilities, Container yards, port Supply Facilities and Boats and Shipping industry Development Jayantha Samaraweera
State Minister of vehicle Regulation, Bus Transport services and Train Compartments and Motor Car industry Dilum Amunugama
state Minister of Aviation and Export Zones Development D.V. Chanaka
State Minister of Urban Development, Coast Conservation, Waste Disposal and Community Cleanliness Nalaka Godahewa
State Minister of Money & Capital Market and State Enterprise Reforms Ajith Nivard Cabraal

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