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Sunday, 5 January 2014

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NDB conducts workshop for cinnamon sector

As part of its continued efforts to enable local industries, the NDB recently conducted a program to empower cinnamon growers, exporters and cinnamon related product manufacturers.

To create a national consensus towards developing regional players in the cinnamon industry, the NDB teamed up with the Ceylon Chamber of Commerce, the Spices and Allied Products Producers’ and Traders’ Association (SAPPTA) and the Galle District Chamber of Commerce to conduct a workshop for small and medium sector growers and exporters in Galle.

Chief Operating Officer, NDB, Indrajit Wickramasinghe said, “As a bank dedicated towards national development, NDB has continuously placed special emphasis on the export sector and regional economic development which we believe is vital for propelling the national economy towards its growth targets.”

“This forum facilitates a dialogue between the key players in the industry of the region and several well-known industry specialists and professionals, to share best practices and related insight for further development of the industry. andNDB and CCC place a lot of weight on the development of regional industry and we hope to conduct more programs of this nature in time to andcome,” he said.

The workshop concluded with a panel discussion on the ‘Way Forward for Increasing Regional Contribution for National Economic Growth’ led by the distinguished panelists, Chairman of SAPPTA and Spice Council, Sarada de Silva, Deputy Director of Sri Lanka Standards Institute, S H S Mahagama, Assistant Director of Sri Lanka Export Development Board Ms Nilmini Wanasinghe and the President of Galle Chamber of Commerce and Industry, Ravi Kalansooriya.

The discussion was moderated by Professor of Agricultural Biology of University of Ruhuna, Prof. Wasantha K K Liyanage.

“With a rich heritage in SME financing, NDB is fully geared and committed to help this sector to maximise the opportunities in the market. Therefore, in addition to SME lending, the Bank has initiated programs such as this workshop to enhance the knowledge and skills of regional entrepreneurs to help them overcome emerging challenges,” a bank spokesman said.

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