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Privatisation of ‘Lanka Salt’ opposed (Probably by another private Salt Company?)

Privatisation of ‘Lanka Salt’ opposed | The Sunday Times Sri Lanka: Management has pointed out that the number of employees will be cut if the proposed plan to privatise Lanka Salt goes ahead.

General Manager of Lanka Salt -Sunimal Ariyasena- said plans were underway to list the company in the Stock Exchange, which in effect meant the private sector would take control of the company. ‘In a district like Hambantota where people depend on this company for a livelihood, this decision will have an adverse affect on the workers, he said.

‘We are well aware of the need for salt in the country. We need to produce 126,000 of metric tons to meet this target. Last year 106,000 mt. tons of salt was was produced. This amounts to around 80 per cent of the country’s requirements.
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