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Lak Salu Sala sets new revenue records

Dec 23, 2010 9:59:27 AM - itnnews.lk

Lak Salu Sala gears for a massive textile venture setting new revenue records.

The programme to make Salu Sala a profit earning venture has been launched based on the Mahinda Chintana. Accordingly, Salu Sala earnings which stood at 650,000 rupees 22 months ago, has surged to 30 million rupees with its revival with a new face-look. President’s Secretary Lalith Weeratunga said that State institutions can reach viability through proper management. He was speaking at a function held to provide Lak Salu Sala textiles on an instalment basis for State employees.

The President’s Secretary said they had succeeded in acquiring many establishments making them more viable without privatizing or selling them. The secret was proper management. Lack of management will not permit the proper discharging of duties. The Government was engaged in an untiring effort of reviving the industries which suffered setbacks.

Secretary to the Ministry of State Resources and Enterprise Development Dr. Willie Gamage said they are upbeat about their capabilities of upgrading these two establishments. He said a showroom to suit the modern age could be witnessed at the Jawatte Road. A programme was being mooted to bring the textile market to the supermarket level.

Chairman of Lak Salu Sala Rushan Madhumage was among those present.