Applying Caution

Sri Lankas top trade chamber said Friday that it will support the new Government, but voiced concern over proposals to expand the public sector and extend the states role in commercial activity.

The Ceylon Chamber of Commerce drew up a checklist of five priority areas to be tackled when work begins, re-iterating that economic activity should be left largely with the private sector.rn

rnldblquote It is the position of the CCC that the Government must focus on the security of the nation, law & order, health, education and on an appropriate policy framework to ensure the competitiveness of local industry and services…whilst leaving economic activity in the hands of the private sector
dblquote .rn

rnPeace topped the priority agenda, key to attracting and sustaining investor interest, accelerated economic growth, health, education and infrastructure development.rn

rnldblquote Without peace Sri Lanka will not attract the levels of investment it needs for accelerated growth leading to full and gain