Posted on March 10th, 2016

Dr Sarath Obeysekera

By Ishara Gamage Ceylon Finance Today: Sri Lanka will move forward with Chinese funded projects without any hassle, Development Strategies and International Trade Minister Malik Samarawickrama said yesterday (9th).

Amidst fear generated after the speech by the Prime Minister to tighten our belts as they intent to increase VAT, impose capital gain tax and most probable imposition of VAT on Health Care, and the news   above was a blessing in disguise

I myself as a ship builder ,  provided much needed information to the Chinese company to build dockyard to build super tankers and carry out ship conversions to oil rigs and they are in the process of preparing a financial proposal

I took some Indian delegation from the Ministry of s Shipping Trincomalee and showed the best area to build ships near  Sampur  closer to the upcoming Indian  coal power plant

We ourselves have started smaller shipyard in Mutal ,Beruwla and Galle with the investment from Walkers Engineering Ltd

If god helps us both China and India can be our saviours , but not the West and USA

Of course MR was on right track though we criticize him but his grave mistake was keeping closed eyed over nepotism and corruption by his own kind !!

JVP and Joint Opposition should be more sensible and realistic and look at  such proposed actions with positive mind and give some support to Maithree and Ranil and allow breathing time

PORT CITY will surely enhance Yacht Marina Industry if we convert the area to little Monaco”

With hotels, pubs and clubs in that isolated area rich clientele can generate much needed income and the Highway connection from the Airport via Kelaniya  and Port boundary wall to Fort will draw many foreigners

Ship Building Industry   in Hambnatota and Trinco may bring both Chinese Indian and workers who can undertake jobs which our young generation do not want to do as they prefer driving Indian Three wheelers and peddle drugs !!!!!

All construction companies in Sri Lanka, who are now idling after the government stalled the construction projects will have the opportunity to undertake  work and we will generate the 1 million jobs promised by PM

Mr Pringes –The Belgian who made a compulsive presentation during the ongoing Investment Forum  has also mentioned that Yacht and Marina Industry should develop as he is a Yacht Builder

I am sure all three mega projects such as Colombo Port City ,Hambantota Dockyard and 1000 acre Chinese Industrial Zone with an International Airport in Trinco with a Indian Ship Building Project may be the only survival to the Yahapalanaya  government  and for Sri Lanka

I wish them Good Luck wholeheartedly providing that Implementation Mechanism at high gear is in place like during Premadasa time but in a bigger scale

Dr Sarath Obeysekera


  1. Dham Says:

    Don’t forget to include a road network which can be converted to a Formula 1 racing track in Port City. That will keep Daham and hence the President interested too !
    Our politician’s children our future !

  2. Christie Says:

    Will Port City be like Fort and Pettah?

  3. Fran Diaz Says:

    Neopotism & corruption ?
    There in every govt in Lanka. Only the degree differs.
    Same all over the world, I guess.

  4. Christie Says:

    Fran, the difference is all those who are facing these Corruption Commissions and other outfits are Sinhalese when we have Indian colonial parasites demanding and enjoying more than equal rights.

    As I am saying we are not different to Fijians in Fiji or Creoles in Guyana or Mauritius.

  5. Christie Says:

    Sarath, Monaco has other attractions. Its mild weather through out the year. It is a Tax Haven. It is close to snow fields.

    What we need Port City to break the economic monopoly of the Indian colonial parasites who control our economy from Fort and Pettach.

    Fear of Port City becoming an alternative business center was one of the reasons Indian imperialists spend billions on last elections.

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