Industrial growth achieved despite world economic crunch - 15-10-09 Video

Senior Presidential Advisor and Parliamentarian Basil Rajapakse has said that Sri Lankas industrial sector had been growing strong when there was a downturn in the global economy.
He said factories were being opened at places such as Matale at a time when thousands of people were losing jobs in affluent countries. This particular investor came as they were assured that peace was being ushered in by the President with the assistance of the heroic soldiers and cooperation of the people. As such it was possible to open the new factory soon.
Mr. Rajapakse was speaking at the opening a factory of the ceramic printing sector with new technology at the Noritake Porcelain Factory premises. It will help produce high quality designs within an environment friendly manner, devoid of dust and waste. The new factory cost 170 million rupees. The Noritake Lanka Porcelain Factory is joint venture between the Ceylon Ceramics Corporation and Japan launched in 1972. At present there are 1100 employees. Exports are undertaken to many countries. The annual income is 1.5 billion rupees. Ministers Kumara Welgama and Rohan Dissanayake, Central Province Governor Tikiri Kobbekaduwa and Managing Director of the Noritake Company S. Hasagawa were present.