{"id":56784,"date":"2016-07-21T22:26:32","date_gmt":"2016-07-22T04:26:32","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=56784"},"modified":"2016-07-21T14:45:08","modified_gmt":"2016-07-21T21:45:08","slug":"etca-foreign-employment-local-investors-to-develop-job-market-and-one-million-jobs-for-youth-who-are-taking-us-for-a-ride","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2016\/07\/21\/etca-foreign-employment-local-investors-to-develop-job-market-and-one-million-jobs-for-youth-who-are-taking-us-for-a-ride\/","title":{"rendered":"ETCA ,FOREIGN EMPLOYMENT ,LOCAL INVESTORS TO DEVELOP JOB MARKET AND ONE MILLION JOBS FOR YOUTH\u2026\u2026\u2026.Who are taking us for a ride ??"},"content":{"rendered":"

Sarath Obeyskera<\/em><\/span><\/h2>\n

Only Industrial project started in Sri Lanka ( during Yahaplana Government which we all voted for)\u00a0 ,by a local investor with funds from a debenture issue is the development of a Shipyard\u00a0 in Mutwal .Fishery Minister is the only minister who has some insight about developing his own field is encouraging to expand such ventures in East ,South and North .He does not have to ask Prime Minister ,Finance minister ,Minister for\u00a0 Strategic Development or even Southern Development Minister to develop fishery harbours and implement Private Public Partnerships .<\/p>\n

We ae developing more yards and in Trinco and plan to move to Karainagar in the North.<\/p>\n

Galle Shipyard\u00a0 project to be commenced within the Galle Commercial harbour under SLPA ,is \u00a0at a a standstill because of\u00a0 there are too many cooks trying to handle investments .None of the ministers mentioned above even have a clue about priorities ,how to encourage local investors and how to solve the one million jobs program .<\/p>\n

We had one million houses program under Premadasa and people knew that program was being implemented and the President and Housing Minister knew what they were doing .We may not have built so many houses but it was implemented with much enthusiasm and publicity.Then we had 200 garment factory program an Premadasa knew what he was doing .Many jobs were created ,and we exported products.<\/p>\n

Today many MP.s are waiting for Minister of foreign employment to travel to Korea ,Japan\u00a0 or Cyprus \u00a0to bring more and more jobs so that they can send youngsters abroad in their own constituencies.<\/p>\n

That day I went to Parliament to meet may be 7th<\/sup> minister to seek help to allow us to restart a project in Galle\u00a0 Harbour .I was standing with a southern minister who wanted us to start the project trying to arrange the minister in charge of Ports to make a request to allow us to proceed .Minister of foreign employment was having a discussion with two ministers who were jokingly asking the Foreign Employment Minister to give them \u00a0at least 50 jobs to youth in his area to go abroad,<\/p>\n

Then one sharp education minister said why do you ask jobs for youths to go abroad, when we have a project in Galle where they can be employed?<\/p>\n

This is how the government is running with no encouragement to any local investor to develop investments and to provide employment.<\/p>\n

All are waiting for ETCA to happen, and media going to town about who is going to negotiate ETCA .an making news about Mahendan playing a leading role .Not a single Media Institution is taking a leading role in highlighting problems faced by the investors\u00a0 and how ETCA can affect local industrialists.<\/p>\n

If they think that under ETCA Indians will give jobs to our youths, we are terribly mistaken .<\/p>\n

Indians are quite good in starting small businesses and they are not scared do take risks .They will come here and start projects and we Sri Lankan investors will watch helplessly .<\/p>\n

Only sector with local investments may be Real Estate Development and Indians will flood the country to work in construction Field .Companies like Dockyard may \u00a0get jobs with Japanese funding and they will bring at least 500 Indians \u00a0to build the ships .Sadly the money which comes from Japan will go to Japan as the Japanese major shareholder take back most of the money by charging commission for all Japanese supplied equipment and then take 51% of the profit .<\/p>\n

Indian labour supply companies will take part of the left overs to India and what we will have is the salaries paid to some Sri Lankan workers in the yard.<\/p>\n

ETCA will come and current workforce of 300 hundred Indians (you will not see them in the town as they are all inside the harbour who cannot go out) may swell to 1000 .<\/p>\n

Many MP\u2019s are eagerly waiting for\u00a0 ETCA to happen\u00a0 ,for Indian companies to come to Sri Lanka on preferential treatment and we Sri Lankan Investors are pushed from pillar to post \u00a0by the ministers who have no clue about developing our industry .<\/p>\n

I will not be surprised if BOI ,opens up a special Indian Desk and we poor local Industrialists\u00a0 will stand and watch helplessly ? ( I brought my issue up with BOI as it is a BOI venture and they have no clue on\u00a0 how to help me !)<\/p>\n

I have decided not to go after any minister or BOI for help other than the Minister of Fisheries who has already done much more than any other ministers so far and develop \u00a0his own Industry and provide employment.<\/p>\n

This is the only Industry which does not export labour ( but Tuna!)\u00a0 and there is massive potential for generating one million jobs and make the life of poor fishermen worth living\u00a0 and our nation healthier by eating more and more fish !<\/p>\n

Sadly none of the ministers taking big about foreign investments have a clue on how to generate employment for Sri Lankans.<\/p>\n

 <\/p>\n

Sarath Obeyskera<\/p>\n","protected":false},"excerpt":{"rendered":"

Sarath Obeyskera Only Industrial project started in Sri Lanka ( during Yahaplana Government which we all voted for)\u00a0 ,by a local investor with funds from a debenture issue is the development of a Shipyard\u00a0 in Mutwal .Fishery Minister is the only minister who has some insight about developing his own field is encouraging to expand […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-56784","post","type-post","status-publish","format-standard","hentry","category-forum"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/56784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=56784"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/56784\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=56784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=56784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=56784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}