Govt has no plans to sell state enterprises – President

Govt has no plans to sell state enterprises – President

“Though various ideas are expressed that the government is planning to sell the state institutions to the private sector, it is not the policy of my government to do so”, emphasizes President Maithripala Sirisena.

“We will take decisions to take the state sector institutions which are running without profit to a level of earning profit. Sometimes we have to act in cooperation with the private sector on that regard”, he said..

The President made these remarks at the opening ceremony of the Jaya Container Terminal at the Port of Colombo held today (Aug. 10) in parallel to the 37th anniversary celebrations of the Sri Lanka Ports Authority.

The President praised the contribution of the Colombo Port to the economic progress in the country.  “The government will make every contribution to further develop the Port”, the President said.

President Maithripala Sirisena declared open the reconstructed CFS-1 warehouse at

The cargo operations began at the auspicious time with the signal of the President.

He pointed out that though the Colombo Port is not an institution which runs without profit, it’s a burden for its development that the SLPA has to allocate its profit for discharging the loans taken for Hambantota Harbour.

“Though the loan burden of Rs. 90 billions is an obstacle for the development of the country we will develop the country by enhancing the economic growth through local industries and exports” he stated.

The President appreciated the service rendered by the Minister of Ports and Shipping Arjuna Ranatunga and further said that from the time he left the then government on November 21, 2014 to contest as the common candidate at the Presidential election the Minister stood with him to make the transformation that was needed for the betterment of the country.

The President also declared open the reconstructed CFS-1 warehouse at the Jaya Container Terminal in parallel to the 37th anniversary celebrations of the Sri Lanka Ports Authority.

The new warehouse at the Jaya Container Terminal, constructed with the aim of providing better facilities to their customers. The 5,400 square meters long warehouse constructed using modern technology.

When the President arrived at the premises of the Sri Lanka Ports Authority the Minister of Ports and Shipping Arjuna Ranatunga warmly welcomed the President and later the President unveiled the plaque to declare open the new warehouse.

President Sirisena also launched the new website of the Sri Lanka Ports Authority.

During the ceremony, a sum of Rs 2.5 million donated to the fund for kidney patients. Minister of Ports and Shipping Arjuna Ranatunga presented a memento to the President.

 

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