Lanka to build industrial city

Colombo: Sri Lanka Ministry of Industrial Development has taken steps to set up an industrial city at Kappalthurai in the Eastern Province that was recently captured from the Tamil Tiger rebels. The cabinet has granted its approval and the feasibility report has also been approved. The surveying of a 50 acre land belonged to the Sri Lanka Ports Authority is now being carried out to set up the industrial city.


The government is to allocate Rs. 254 million at the first stage and Rs. 92 million at the second phase of the project, said a spokesman of the Ministry of Industrial Development. Government expects to open 20- 30 factories that will grant direct employment opportunities to around 1,000 and indirect employment to around 1,500.


Samurdhi poverty subsidy recipients of the area are to be deployed as labor for the construction work.