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Government provides maximum support to establish coconut-based manufacturing industries in the North
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A discussion between President Anura Kumara Dissanayake and the coconut and food products manufacturing industry regarding building the coconut and food products export sector into a $03 billion economy within the next two years was held at the Presidential Secretariat yesterday afternoon.
Accordingly, it is expected to build the coconut-based export sector to $02 billion and the food products export sector to $01 billion, and the relevant plans were discussed in detail here.
The President stated that he expects to provide any support that the government needs to promote export diversification and value-added products.
The President further stated that suggestions and ideas for building these industries were submitted here and future plans will be prepared taking all those suggestions and ideas into consideration.
The President also agreed that incentives will be provided for starting industries in the North and that the government will provide maximum support for establishing industries related to coconut-based products there.
Attention was also paid to plans to protect domestic manufacturers and regulate the import of raw materials required for export products.
President Anura Kumara Dissanayake further stated that his government's expectation is to build domestic supply chains and build the country's economy as an export-based manufacturing economy.