Free Port Operators’ congratulates President

Monday, 30 September 2024 00:28 - - {{hitsCtrl.values.hits}}

Free Port Operators’ Association President Priyantha Punchihewa

Free Port Operators’ Association President Priyantha Punchihewa extends his warm wishes to Anura Kumara Dissanayake as the new President of the country. Free Ports Operators, a relatively new concept, needs a lot of support from Government to further reform the existing laws and regulations, to increase business volumes transiting via Sri Lanka. The concept of a hub of economic free zones was developed a decade ago to provide value added services to global clients and to bring in logistics companies as investors to make Sri Lanka a logistics hub using its location and port facilities. However, due to lack of focus and commitment and misunderstandings, Sri Lanka has failed to capitalise on this multi-billion-dollar industry. Free port Operators’ Association President requests the new Government, to take a fresh look at this foreign exchange earning industry and provide accelerated solutions for the impediments that are slowing the industry growth and Sri Lankas’ hub aspirations.