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SME

Electricity Constraints Are Dampening Growth of Sri Lanka’s Small and Medium Industries

Anushka Wijesinha's picture

Out of twenty four to twenty six working days a month, we have reliable full days of uninterrupted power for only ten to thirteen days”, is what Mr. Poornachandran, President of the Yarlpanam Chamber of Commerce lamented at a public-private stakeholder consultation hosted by an SME-focused Ministry in Colombo recently. He repeated this gripe at a post-budget discussion held in Colombo this week. Mr. Poornachandran heads the leading business chamber in Sri Lanka’s Jaffna district, which was caught up in the conflict that ravaged the country for thirty years. Building the small and medium enterprise sector in conflict-affected areas is challenging as it is, and many new opportunities are opening up, but the issue of electricity continues to blight the recovery of the region. But it’s not just in war-recovering districts like Jaffna. Mr. Poornachandran shares this frustration with his fellow businessmen in other parts of the country.