1. Rural Development Initiatives of the Ministry of Traditional Industries and: Small Enterprise Development - the proposal made by Hon. Douglas Devananda; Minister of Traditional Industries and Small Enterprise Development, to proceed with the activities pertaining to the following, was approved by the Cabinet:
Kurunegala Town is being developed as the Main Urban Centre in the North Western Province. The Urban Development Authority (UDA) has already undertaken the beautification of the surrounding areas of’ the Kurunegala lake as one of the priority projects with a view to enhancing the aesthetic landscape of the town while providing recreational and leisure facilities for the public. The proposal made by I-I.E. the President, in his capacity as the Minister of Defence and Urban Development, to proceed with the related activities of the project at a total cost of Rs. 217.00 Million, was approved by the Cabinet.
01. Sharing of Information among Financial Sector Regulators - the Inter Regulatory Institutions Council has been established with the view to identifying issues that require collective action by financial sector regulators to promote financial system stability and the development of the financial sector. Financial institutions include licensed banks, licensed finance companies and leasing companies, money brokers, primary dealers, insurance companies, insurance brokers, insurance agents, loss adjusters, institutional agents, stock exchanges and stock brokers/dealers. The proposal made by H.E. the President, in his capacity as the Minister of Finance and Planning, to enact legislation for the purpose through an Act of Parliament and to instruct the Legal Draftsman to draft legislation for the purpose, was approved by the Cabinet.
(01)Proposed Lotus Mall and Recreational Complex along with the Lotus Tower - the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) is constructing the Colombo Lotus Tower (CLT) which is a 350 m high multifunctional tower and an entertainment centre at D.R. Wijewardena Mawatha, çolombo 10. It is also expected to develop the land adjoining CLT as a suitable pleasure garden by constructing necessary infrastructure facilities including a parking complex. The structural work of the Tower is expected to be completed by June 2015. On a proposal made by H.E. the President, the Cabinet approval was granted to acquire an additional extent of land from the adjoining land for the above purpose and to proceed with the related activities.
01. Creation of a mechanism for regulation of Programmes implemented with the objective of ensuring mutual friendship and trust among communities - in the recommendations made by the Lessons Learnt and Reconciliation Commission (LLRC) special emphasis has been made on promoting coexistence among communities. Various Government Institutions are implementing programmes and projects based on the recommendations of this Commission from national level to regional level. The following proposals made by H.E. the President in this regard were approved by the Cabinet:
* to appoint a Cabinet Sub-Committee on Social Reconciliation and Coexistence among Communities presided over by H.E. the President and comprising of Hon. Ministers to monitor and facilitate the implementation of the LLRC I recommendations aimed at strengthening of coexistence among communities; and
* to appoint a Committee of Officers comprising of Ministry Secretaries and presided over by the Secretary to the President who functions as the Chairman of the Committee which supervises the implementation of the recommendations of LLRC to assist this Cabinet Sub-Committee.
01. Establishment of a Human Heart Valve Bank - it is estimated that approximately 2500 to3000 children are born with congenital heart defects in Sri Lanka annually and around 2000 of them need corrective surgery. The current practice in Sri Lanka is to use imported bovine grafts (Tissue valves) which cost about Rs. 300,000/- per graft which is borne by the Government. With the rapid advancement in healthcare offered to children with heart diseases in Sri Lanka, the establishment of a Human Heart Valve Bank to provide cardiac valves and tissues necessary for valve replacement and repair of some of the congenital and acquired heart diseases has become a priority. The process of establishing a Human Heart Valve Bank had been initiated through the Children's Heart Project of Sri Lanka and the Oxford Tissue Bank has already agreed to provide the necessary technical support and advice for the purpose. The proposal made by Hon. Maithripala Sirisena, Minister of Health, to establish a Human Heart Valve Bank at the Lady Ridgeway Hospital in Colombo at a cost of about Rs. 30 million, was approved by the Cabinet.
01. The Implementation of Priority Water Supply Projects with Financial Assistance from Local Banks - the proposal made by H.E. the President, in his capacity as the Minister of Finance and Planning, for the implementation of the Ruhunupura Distribution Water Supply Project and the Ampara Distribution Network Water Supply Project with funds to be provided by domestic banks and for the National Water Supply and Drainage Board to enter into Loan Agreements with such banks, was approved by the Cabinet.
1. Municipal Solid Waste Disposal System for Metro Colombo Region - Transfer and Disposal of Municipal Solid Waste at Aruakkalu, Puttalam - Metro Colombo Solid Waste Management Project - the Government has been looking for an environmentally acceptable and economically feasible solution for the disposal of Municipal Solid Waste in the Metro Colombo Region.
01. Regulation of Insurance Industry (Amendment) Bill - Cabinet approval was granted to refer the above Bill presented to the Cabinet by H.E. the President, in his capacity as the Minister of Finance and Planning, to the Cabinet Sub-Committee on Legislation for its recommendations, in the first instance. The Bill intends to introduce amendments to the Regulation of Insurance Industry Act, to enable the following:
1. Asia Pacific Forum on Sustainable Development held in Thailand - a delegation led by Hon. Prof. Tissa Vitarana, Minister (Senior) for Scientific Affairs attended the above meeting held in Thailand recently. The aim of the forum was to reach global agreement on a strong post - 2015 development agenda that builds on the foundation laid by the Millennium Development Goals. The forum had provided a platform for consultation at regional level among Government, Business and Civil Society representatives from over 32 Member States and other relevant stakeholders representing UN Agencies. The above information was provided to the Cabinet by Hon. Prof. Tissa Vitarana, Minister (Senior) for Scientific Affairs.