President Ranil Wickremesinghe’s recent address at the centenary celebration of Al Mubarak Central College in Malwana has unveiled an ambitious economic vision for Sri Lanka’s future.
President Wickremesinghe outlined a strategy to replicate the successful Biyagama Free Trade Zone model on a national scale, with the goal of fostering rapid development over the next 15-20 years. He highlighted the substantial progress achieved in the Biyagama region since the inception of the trade zone and emphasized Sri Lanka’s potential as an investment destination.
During the centenary celebration ceremony, President Wickremesinghe disclosed plans to create new global investment opportunities, positioning Sri Lanka as an attractive destination for international investors.
The President also announced the selection of several strategic areas, including Bingiriya, Hambantota, Kandy, Trincomalee, and the Northern Province, for the establishment of industrial estates, with the aim of transforming these regions into vibrant commercial hubs.
President Wickremesinghe commended local representatives for their commitment to attracting investments, citing the success of the Biyagama investment zone as a model for economic development.
Additionally, President Wickremesinghe reiterated the government’s commitment to bolstering the nation’s economy while creating employment opportunities for Sri Lanka’s youth.
During his visit to Al Mubarak Central College, President Wickremesinghe inaugurated a new three-story building, issued a commemorative stamp, and recognized outstanding students with awards and certificates.
Minister of State for Education Aravinda Kumar also addressed the ceremony, emphasizing the government’s dedication to education. State Ministers Prasanna Ranaweera and Kader Mastan, along with Principal of Al Mubarak Central College Malwana Mr. S.H.M. Naim, staff, current and former students, and other officials, were present to mark this historic occasion.
The proposal for nationwide industrialization, based on the Biyagama Free Trade Zone’s success, holds the potential to shape Sri Lanka’s economic landscape positively, fostering growth and prosperity for the nation and its people.