Sri Lanka gets UNIDO help to boost industry

EconomyNext – A former Chinese financial reformer and current head of the United Nations Industrial Development Organisation will visit Sri Lanka this week to discuss support for industry, cleaner production and youth entrepreneurship.

UNIDO Director General Li Yong, who will visit the island during February 4-5, is considered a good governance champion who was on the Monetary Policy Committee of the China Central Bank for a decade.

Yong is expected to focus on agribusiness, productivity through sustainable resource utilization, and development of cinnamon and bamboo sectors, said Nawaz Rajabdeen, Head, UNIDO Focal Point, Colombo.

He will also discuss support for cleaner production, strengthening industrial marketing and promotion of sustainable industrial development, advancing youth entrepreneurship and livelihood restoration in former conflict areas.

Yong, who also serves on the international advisory body, China Council for International Cooperation on Environment and Development, will help boost Sri Lanka’s industry profile, Rishad Bathiudeen, Minister of Industry and Commerce, said in a statement.

Sri Lanka was elected as a Member of UNIDO’s Industrial Development Board (IDB) in October 2011 for a three-year term and the Permanent Representative of Sri Lanka to UN in Vienna, served as its Interim President in 2014.

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