Bring idle factories under BOI
Oct 10, 2010 8:00:00 PM - aussieindolanka.com
President Mahinda Rajapaksa told state officials to bring all abandoned factories within investment zones under the control of the Board of Investment (BOI).
During the Western Province development review meeting in Panadura on Saturday, President Rajapaksa instructed state officials to gather information on all such non- functional factories and take steps to acquire them.
These institutions enjoyed special tax concessions, he said.
The President told State administrators and politicians that development activities should be enacted in line with the people?s and country?s needs. Prior to the projects proper planning should take place to ensure a successful completion, he said.