FDI is the key to come out of the mess we are in
Posted on July 11th, 2023
Dr Sarath Obeysekera
I remember the times of RP when garment factories were built in rural areas
The progress of each factory was monitored by the president himself with a few super secretaries. Ministers were given marching orders if things go wrong
There was an incident when an Investor who was waiting to get a power supply to his factory complained about the delays during the progress meeting, President was looking for the CEB chairman who was absent
He was contacted over the phone by RP and firmly told him that the president himself will be attending the opening ceremony and requested him to provide power
Pronto – next day power was given to start the factory employing over 200 villages lasses
In January 2023 I requested permission to establish a yacht repair facilitation yard in down south.
It has taken four months and full permission has not been granted
Who do I complain to?
Ease of doing business forum with , CECM etc are nonexistent
As a director in CEA . I lamented about the delays by officers in completing EIA and gave advice to submit reports every month providing reasons for any delay
Anyone is welcome to write to me direct so that I personally intervene to help the projects ( with no hidden costs !)
One investor who wants to do a solar power project has to pay 100 m to carry out an EIA !
Our own consultants may be conniving
God knows ?
A prerequisite to attract FDI is to ease bureaucratic rules and take action to appoint a super team under the president to follow up and help investors