ldblquote The budget will unveil many concessions for housing projects and other construction activities. This sector has been on a downward spiral for many years
dblquote , Minister Bandula Gunawardene said.
rnrnldblquote Investment in the construction industry has a multiplier effect on investment in the economy as a whole. It creates employment for all sectors in the society, from civil engineers downwards to casual laborers
dblquote , he said.
rnrnThe government is also planning to introduce a zero interest rate-financing scheme for machinery, aimed at lower income groups.
rnrnldblquote We are planning to provide welding plants, tractors and gem cutting equipment to boost self employment in youth. This will enable many resourceful youngsters who are engaged in casual employment to start own businesses
dblquote , he added.rn