10th Parliament· 154 sittings on record · 30,475 speeches · latest 10 June 2026

The Hon. Wasantha Samarasinghe - Minister of Trade, Commerce, Food Security and Co-operative Development

Jathika Jana balawegaya· Anuradhapura· 6 May 2026 ·Oral question: Oral Question: Laggala Bus Station Facilities (Q.1/885/2025)

Public FinanceAgricultureInfrastructure
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The Minister answered that no prior entity existed, but all Specialized Economic Centres had been amalgamated into a fully state-owned company, National Agri-Marketing Services Limited, established under the Companies Act on 9 October 2025 with shares held by the Secretary to the Treasury. He detailed the nine-member Board appointment structure and the Governance Committees to be set up for each centre, including district officials, local authorities, police, agriculture officials, trader and farmer representatives, and ministerial representatives. He said the expected benefits include stabilising agricultural markets, improving leasing and infrastructure for storage, sale and distribution, ensuring regulatory compliance, providing common services, and establishing market information systems on prices and quantities.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Hon. Speaker, the answers are as follows:

¶ 02 (a) (i) No. (ii) All specialized Economic Centres have been amalgamated and a fully state-owned company, with 100% shareholding held by the Secretary to the Treasury, has been established under the Companies Act, No. 7 of 2007 on 2025.10.09, named National Agri-Marketing Services Limited. (iii) The Board of Directors comprises nine members: - A senior officer of the General Treasury with subject knowledge in commerce and economics; - A senior officer of the Ministry of Trade with subject knowledge in commerce and economics; - A senior officer of the Ministry of Agriculture with subject knowledge in agriculture and agri-economics; - A senior officer of the Ministry of Home Affairs with subject knowledge in regional development and local governance; and - Five members nominated by the Minister in charge of Trade with expertise in agriculture, marketing, business studies, law and finance.

¶ 03 Appointments are made by the Secretary to the Treasury on the recommendation of the Minister of Trade, Commerce, Food Security and Co-operative Development. The tenure is up to five years from appointment.

¶ 04 Under Article 12 of the Articles of Association, a Governance Committee must be established for each Specialized Economic Centre, comprising: - District Secretary (Chair) - Divisional Secretary (Secretary) - Superintendent of Police (Member) - Municipal Commissioner / Pradeshiya Sabha Secretary (Member) - Commissioner of Agrarian Services (Member) - District Director of Agriculture (Member) - Mahaweli Regional Manager where applicable (Member) - Two representatives from the Economic Centre Traders’ Association (Members) - Two representatives from farmer organizations (Members) - Manager of the Economic Centre (Member) - Two representatives of the Minister (Members)

¶ 05 These committees will handle operations, administration and development of the respective centres. Their decisions will be implemented with Board approval.

¶ 06 (iv) Expected benefits include: - Establishing a stable market system for agricultural produce for the welfare of farmers, traders and consumers; - Securing long-term leased facilities and other requirements (including market premises and infrastructure) for purchasing, storage, sale, distribution and packaging of agricultural produce; - Providing shops and storage facilities on lease or rent to farmers, producers, wholesalers and retailers through written agreements; - Ensuring compliance with applicable laws, regulations and instructions on environment protection, water and electricity management, transport planning, labour laws and safety; - Ensuring common utility services are available in each market in compliance with relevant laws and regulations; - Establishing an information system in each market on prices and quantities of agricultural products available from wholesale and retail.

¶ 07 (b) Not applicable.

Provenance

Source
Hansard, Wednesday, 6 May 2026 ·No. 23541 ·English daily/uncorrected Hansard
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Cite as: The Hon. Wasantha Samarasinghe - Minister of Trade, Commerce, Food Security and Co-operative Development. 10th Parliament, Parliament of Sri Lanka. Hansard, 6 May 2026. No. 23541. Politick, https://staging.politick.io/lk/speeches/5466