August, 10, 2020
Sri Lankan SMEs have strong, newfound hope on the incoming new administration for their long overdue revival. “We are certain (HE) President Gotabaya Rajapaksa will listen to our concerns and deliver within the next five years” said the President of Sri Lanka’s Confederation of Micro, Small and Medium Industries (COSMI) Nawaz Rajabdeen on August 9. COSMI President Rajabdeen (who is also a past President of Federation of Chamber of Commerce & Industry of Sri Lanka) was speaking on August 9 on the outlook for local MSMEs and industries after the landslide victory by Sri Lanka Podujana Peramuna (SLPP) and its allies in the recently concluded general elections.
Rajabdeen stressed that he expects (HE) President Gotabaya Rajapaksa would receive the necessary backing from the newly elected Parliament to develop MSMEs, industries and business communities across the country. “We are sure that the President together with the new parliament will support all citizens regardless of their castes and religions. His support to uplift and upgrade industries in all districts is the next viable step. We are certain (HE) President Gotabaya Rajapaksa will listen to our concerns and deliver within the next five years. We are hopeful on the new government on pursuing a medium to long term development strategy for our MSMEs and industries” added Rajabdeen.
The Confederation of Micro, Small and Medium Industries (COSMI) was formed in 2019, and aims to revive and foster the MSME and industry sectors of Sri Lanka.
PHOTO - President of Sri Lanka’s Confederation of Micro, Small and Medium Industries (COSMI) Nawaz Rajabdeen Rajabdeen (who is also a past President of Federation of Chamber of Commerce & Industry of Sri Lanka-FCCISL) seen handing over FCCISL’s Back to Business program’s Industry Development Proposal years ago to the then President Mahinda Rajapaksa, who is the current Prime Minister.
