Cabinet approves to appoint Sub-Committee on lnvestment Promotion | Sunday Observer

Cabinet approves to appoint Sub-Committee on lnvestment Promotion

3 September, 2020

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