Central Government makes Northern Province ‘unfriendly’ to investors

Mr K Vignesh, board director and past chairman of the Chamber of Commerce & Industries of Yarlpanam (CCIY), is reported in TheMorning.lk as saying

[Vignesh] explained that the Northern Province is not investor friendly, especially for getting the salutary permissions for the tourism, agriculture and other divergent sectors. If an investor is going to start an industry, they have to get nearly 19 types of permissions from various departments such as coastal conservation, forest, and likewise. Plus, the application process and approval process is not easy. They have been dragging it for years.”

“According to Mr.Vignesh the Government is not helpful for the development of the SMEs,  as he alleged, do not promote and release the Government funded programmes such as Asian Development Bank  and the World Bank programmes. “

https://www.themorning.lk/articles/wH4T5LzgBM7TNmZUDRKk

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