North Bound

rnWith investor interest in the area perking up, development projects are beginning to get underway with road rehabilitation and water/sanitation projects, among those high on the agenda.rn

rnIn addition to four large-scale industries in the area, there are a total of 3548 industrial units in the area employing some 15,000 people.rn

rnMost of these are Small and Medium Industries, Service and cottage industries.rn

rnldblquote Revitalising the industrial sector in Jaffna will be priority on our agenda for next weeks budget. We
quote re looking at the possibilities of funding from the Indian Line of credit of US$ 120 mn, while opening up the area also to the private sector
dblquote , Industries Minister Rohitha Bogollagama told Lanka Business Online in an interview. rn

rnAn allocation of Rs. 10 mn is expected for development of a fisheries project in the North, spearheaded by the Industrial development Board (IDB).rn

rnThe funds will be channeled into the existing lquote Ceynor
quote plant involve