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Items filtered by date: Friday, 17 November 2017

World acclaim Gem testing laboratory to be set up in Sri Lanka as a PPP

The government is now in the process of setting up a modern international standard gem and jewellery testing laboratory at a cost of Rs 500 million. The top level state economic committee in Sri Lanka has suggested a public private partnership (PPP) for the laboratory with 55 percent of shares for the private sector and 45 percent for the public sector. It has rejected the proposal of the Ministerial committee on the promotion of Gem and Jewellery industry to have it as a PPP with 51% public sector shares and 49 % of private sector shares.

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