Sri Lanka must adjust its development model and economic growth which will require continued structural changes for greater diversification and productivity increases and a reduction in the role of agricultural employment, National Chamber of Commerce (NCCSL) President, Sujeewa Samaraweera said.
He said Sri Lanka needs to distribute the benefits of the country’s growth to all citizens and increase female labour participation through education for the country to transit to a more robust , competitive and globally integrated economy.
Shortages of skilled labour continue to be a hindrance across many businesses in manufacturing and services in Sri Lanka.The National Chamber statistics demonstrate that there is a shortfall of 15% to 20% in all the industries. In the recent past the government paid considerable attention to the matter and it is essential that Sri Lankan government continues to focus on policies forming the much required skilled workforce for industries.
Samaraweera said it is vital for Sri Lanka to have policies aligned to increase skilled labour availability and to get these skilled labour employed on export related industries is important.
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