Jaffna entrepreneurs should take products to Indian market - NE Governor | Daily News

Jaffna entrepreneurs should take products to Indian market - NE Governor

* Wake up and help implementing projects
* Do away with lethargic attitudes or leave peninsula
Governor Northern Province Jeevan Thyagaraja and EDB Chairman Suresh De Mel with officials at the event
Governor Northern Province Jeevan Thyagaraja and EDB Chairman Suresh De Mel with officials at the event

The Governor Northern Province Jeevan Thyagaraja lashed out at several sectors and said that those people who don’t contribute to the current development initiatives of Jaffna can immediately leave the peninsula.

Several new development projects have been launched to develop the Northern Province and some of these projects are forced to be stalled due to the lethargic attitude of many. “I want them to wake up and help in implementing these projects and if they don’t cooperate they can leave Jaffna.”

Speaking further at a special event organised by the Export Development Board in Jaffna library to provide knowledge on EDB activities, the governor said that he sees a lot of potential in the North for investments in several sectors.

“We must encourage Jaffna entrepreneurs to take their products to the Indian market and I will work with the Indian consulate in Jaffna in this regard. We must also look at promoting Joint Venture companies between North and specially South Indian companies. My aim is to create at least 100 such JV’s this year.”

He also said that another area that he is pursuing is to arrange for low interest loans to the Northern SME sector which will help the current companies to move up the ladder by investing in new technology and machinery.

“Low interest loans will also help to create more startups and new businesses. I am hoping to have a series of meetings with all banks in the Northern province in this regard and I need assistance from the EDB in this initiative as well. ”

The governor also appealed to the EDB to also assist in trying to find new overseas markets for northern entrepreneurs which will also help them to bring in Forex to Sri Lanka. The Governor also said that Vietnam too started developing by creating 30,000 new entrepreneurs who were given soft loans and opening a new foreign market to export their products. “South Korea too followed this example.

Suresh De Mel, Chairman EDB said that he saw the tremendous potential of Jaffna entrepreneurs at the Jaffan International Trade Fair and said the EDB would pay special attention to promote the SME sector in the North.


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