The Hon. Sunil Handunnetti - Minister of Industry and Entrepreneurship Development
The Minister provided statistics on factories opened and closed in 2025 in Ministry- and IDB-managed industrial estates, including sectoral details and whether they served export or domestic markets. He stated that 37 factories commenced operations while four closed, citing reduced demand, raw material shortages and financial distress as reasons for closures. He also outlined measures to promote SMEs and industry, including development and allocation of land in industrial estates such as Suriyawewa, Rambewa and Aluthepola.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Speaker, the answers are as follows:
¶ 02 (a)(i) Under the Ministry of Industry and Entrepreneurship Development and the Industrial Development Board (IDB)-managed industrial estates, the following numbers of factories commenced in 2025:
¶ 03 - Ministry-managed estates: - Small-scale: 17 - Medium-scale: 6
¶ 04 - IDB-managed estates: - Small-scale: 3 - Medium-scale: 11
¶ 05 (a)(ii) Items manufactured in the Ministry-managed estates in 2025 include, inter alia: - Buttala Top Ceylon Exports (Pvt) Ltd: local vegetables and fruits value-added products - Uva Paranagama Lewis Engineering (Pvt) Ltd: steel and wooden household items - Nawagampura–Ampara Chair: women’s apparel - Trincomalee Eastern Fertilizer Co. (Pvt) Ltd: fertilizer blending and granulation - Nalanda Ella Wala Green Lanka (Pvt) Ltd: animal feed - Nalanda Ella Wala MV Electronics (Pvt) Ltd: electric charging units for vehicles and machinery components - K & K Rubber Compounding and Related Products (Pvt) Ltd - Ceylon Emerald (Pvt) Ltd: plastic-related products - Samanala Foods: rice flour, noodles and papadam
¶ 06 Items manufactured in IDB-managed estates include: - Tilaka Traders & Engineering Constructions (Pvt) Ltd: foundry products - Ceylon Farmart (Pvt) Ltd: food-based products - Sahara Industries (Pvt) Ltd: wire nails - UPL Lanka (Pvt) Ltd: organic fertilizer - Immense Global (Pvt) Ltd: food-based products - Joyfaxel (Pvt) Ltd: coconut-based energy drinks - Kento Vet Pharmaceuticals (Pvt) Ltd: animal feed and medicine - Fullerton Sri Cool Industries (Pvt) Ltd: air-conditioning components - Suresh Suppliers (Pvt) Ltd: cement-based flooring and related items - Moshibi Electricals (Pvt) Ltd: medium and small switchboards - S.K. Suppliers (Pvt) Ltd: mattresses - Mahar Metalwood Industries (Pvt) Ltd: vehicle accessories (metal-based) - Galaxy Aluminium Industries: aluminium-related products - Iro Solutions (Pvt) Ltd: panel boards - Nova Tyre (Pvt) Ltd: tyre retreading - Maxcoco Lanka (Pvt) Ltd: growing media and raw materials - Aluminium recycling units producing aluminium ware - Sumith Marketing Co. (Pvt) Ltd: tyre retreading - Samson Reclaim Rubbers Ltd: recycled rubber - Fadina Tea (Pvt) Ltd: green tea-based products - Bigno Trading (Pvt) Ltd: food-based products - Pallakele ASP Holdings (Pvt) Ltd: paper-related products - ASP Bios (Pvt) Ltd: chemical-based dolomite powder - Pussellawa Suhada Hardware: cement-related products - Panaluwa Miracle Agro Chem (Pvt) Ltd: agrochemicals and fertilizers - Beeji Industries (Pvt) Ltd: gas cookers - MGM Products (Pvt) Ltd: spices
¶ 07 (a)(iii) Export orientation in 2025: - Ministry-managed estates: - Export-oriented: 2 - Domestic market: 19 - Both export and domestic: 1 - IDB-managed estates: - Export-oriented: 4 - Domestic market: 10
¶ 08 (b)(i) Closures in 2025: - Ministry-managed estates: - Small-scale: 1 - Medium-scale: 1 - IDB-managed estates: - Small-scale: 1 - Medium-scale: 1
¶ 09 (b)(ii) Items manufactured by the closed units included: - Puttalam Lanka AAC (Pvt) Ltd: fly ash bricks - Trincomalee Lakmi Export Lanka (Pvt) Ltd: cereal-legume food mixtures - Pallakele ASP (Pvt) Ltd: [paper-related products] - Pussellawa Suhada Hardware: cement-related items
¶ 10 (b)(iii) Export/ domestic split of closures (2025): - Ministry-managed estates: - Export-oriented: 1 - Domestic market: 1 - IDB-managed estates: - Export-oriented: 0 - Domestic market: 2
¶ 11 (b)(iv) Reasons for closure: - Decline in demand (e.g., for fly ash bricks due to construction sector downturn) - Non-availability of raw materials - Financial distress rendering operations non-viable
¶ 12 (b)(v) Steps to promote SMEs and industry: - 33 industrial estates established/operational under the Ministry; infrastructure development substantially completed at Suriyawewa (Hambantota) industrial estate (approx. 20 acres developed); land at Sandamalagama–Rambewa (Anuradhapura, 16 acres) and Aluthepola (Gampaha) prepared to be allotted to suitable investors; works nearing completion at Katunayake (Gampaha) and Ingiriya (Kalutara) estates. - Initiation of a dedicated industrial estate at Paranthan for acid/alkali and other chemical industries; construction underway. - A new salt and salt-based industrial estate at Valachchenai (Batticaloa); environmental assessments completed and final approval awaited; financing earmarked for infrastructure. - Dambulla (Matale) industrial estate establishment progressing; foundational works nearing completion. - Additional estates with land ready for allotment even prior to full infrastructure completion: Nochchiyagama (Anuradhapura, 50 acres), Wellawaya (Monaragala, 9.25 acres), Bangadeniya (Puttalam, 7.58 acres), and Thihagoda (Matara, 6.58 acres). - State lands in estates leased on long-term concessions based on Government valuation (35 years), with a five-year tax holiday per plot. - Provision of utilities (power, water) and road widening as required. - Fast-tracking gazetting of estates as “Industrial Zones” and coordinating statutory clearances with CEB, National Water Supply and Drainage Board, and UDA. - Institutional reforms: integration of SEDD, NEDA and IDB to form the Sri Lanka Industrial Transformation and Innovation Authority (ITIA); Cabinet approval obtained in January; enabling legislation being prepared to create a national platform for industry support. - Policy measures: policy and strategic framework; regulatory and business environment reforms; enterprise ecosystem development; targeted SME support, particularly for start-ups and early-stage enterprises. A detailed response is placed in the Library.
¶ 13 (c) Not applicable.
Provenance
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- Hansard, Friday, 6 March 2026 ·No. 23376 ·English daily/uncorrected Hansard
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Cite as: The Hon. Sunil Handunnetti - Minister of Industry and Entrepreneurship Development. 10th Parliament, Parliament of Sri Lanka. Hansard, 6 March 2026. No. 23376. Politick, https://staging.politick.io/lk/speeches/5087