Sri Lanka SMEs upbeat, ‘very hopeful’

CEYLON TODAY | Published: 2:00 AM Aug 10 2020
FT Sri Lanka SMEs upbeat, ‘very hopeful’

Sri Lankan SMEs say they have been given newfound hope on the incoming administration for their revival. “We are certain President Gotabaya Rajapaksa will listen to our concerns and deliver within the next five years,” said Confederation of Micro, Small and Medium Industries (COSMI) President Nawaz Rajabdeen on 9 August. 

Rajabdeen (who is also a past President of Federation of the Chamber of Commerce and Industry of Sri Lanka) touching on the outlook for local MSMEs  and industries after the landslide victory by the Sri Lanka Podujana Peramuna (SLPP) in the recently concluded general elections. 

Rajabdeen stressed that he hopes President Rajapaksa would receive the necessary backing from the newly elected Parliament to develop MSMEs, industries and business communities across the country. “We are sure that the President together with the new parliament will support all citizens regardless of their caste and religion. His support to uplift and upgrade industries in all districts is the next viable step. We are certain President Rajapaksa will listen to our concerns for our MSMEs and industries,” added Rajabdeen. 

CEYLON TODAY | Published: 2:00 AM Aug 10 2020

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