The Hon. Chathuranga Abeysinghe
Hon. Chathuranga Abeysinghe stated that unsafe settlements and unauthorized constructions remain a long-term consequence of inadequate planning. He outlined measures to revive industries affected by recent damage, including the IRFP to connect major enterprises with 200 affected industries, Industrial Development Board assessments for machinery replacement, possible tax relief, and UNDP-supported guarantee and risk systems. He also called for a national approach to flood insurance, especially for riverbank businesses, and for embedding risk management and business continuity planning in industrial development.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 That’s what I said: after 70 years, people still live in unsafe places and in unauthorized constructions — that is the end result.
¶ 02 To continue: beyond grants, we launched IRFP to link leading enterprises to revive 200 major-affected industries. For replacement machinery, the Industrial Development Board is collecting needs, and we are exploring tax reliefs. With UNDP, we are working on guarantees and risk systems. Some regions lack flood insurance; we must decide nationally how to mandate or enable coverage, particularly for riverbank businesses. We will both rebuild fast and make risk management a core element of industrialization, providing technical know-how and a national plan for continuity. Thank you.
Provenance
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- Hansard, Wednesday, 21 January 2026 ·No. 23242 ·English daily/uncorrected Hansard
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Cite as: The Hon. Chathuranga Abeysinghe. 10th Parliament, Parliament of Sri Lanka. Hansard, 21 January 2026. No. 23242. Politick, https://staging.politick.io/lk/speeches/2179