He was addressing the foundation stone laying ceremony of the Sri Lanka’s largest high-tech tyre manufacturing company to be set up in Horana yesterday. The total investment of the project is Rs. 11.25 billion. About 75 per cent of the production of this factory will be exported.

He said that it was their duty to provide jobs for the youth of our country with the end of the war.

“We will work to establish economic development in the country and thereby provide good jobs for the youth. We will go our journey together until 2020.  Since there was a big debt burden we should increase revenue. For that, we need local as well as foreign investors. Sri Lanka links China, India, and Europe”, the Premier added.

“We have a responsibility to see how we generate jobs and for that, we have to take decisions fast and create the legal frame work to facilitate it. We have to give incentives to the investors while providing job training to the youth. We have to provide lands for investors to build factories.”

When the factories are built, it will create thousands of jobs. For the next 10-15 years we have identified the lands and of the 95 % of the lands are owned by the government. We don’t want to set up factories by getting lands by force. We just want to take real use of the Hambantota port. There is no at least one religious place, archeological places.

 Further, the Premier added that providing about 20,000 jobs within one week is a record and the government expects to create a happy environment for all.