Minister Prof. Tissa Witharana is of the opinion that new technology can be used to make optimum use of the prevailing resources.
The Minister said the country should add value to the raw materials by using high end technology. He opined that the high end technology will be transferred not only to the big companies but to micro industries as well.
The Minister was speaking at the “INCO 2010” awards festival. Small and medium scale entrepreneurs who displayed their skills were honoured. The Independent Television Network received an award for the best contribution made on behalf of the uplift of the field while a special award was presented for its media contribution. Elcado Private Limited received the best award for the Year’s All-round Best Entrepreneur. Shantha Industries won the award for the Best Small Scale Entrepreneur while the Central Engineering Advisory Bureau received the award for the Best Engineering Service Supplier of the Year. TVS Lanka was selected as the best Motor Vehicle Exhibitor while Micro Power Engineering Private Limited won the award in the most innovative inventive concept category. The “INCO 2010” awards presentation took place in Colombo.