UNDP, Industry Ministry partner to boost industrial development

The United Nations Development Programme (UNDP) in Sri Lanka and the Ministry of Industry and Entrepreneurship Development (MoIED) have entered into a strategic partnership to enhance the Ministry's institutional and technical capacity through the establishment of an Expert Support Unit, aimed at accelerating industrial development, strengthening entrepreneurship and SME competitiveness, and advancing evidence-based policymaking.

A Memorandum of Understanding (MoU) was signed recently between Secretary of the Ministry of Entrepreneurship Development J. M. Thilaka Jayasundara, and Resident Representative of UNDP in Sri Lanka, Azusa Kubota, in the presence Deputy Minister of Industry and Entrepreneurship Development, Chathuranga Abeysinghe.

The partnership will support the design and operationalization of an embedded Expert Support Unit within the Ministry, providing high-quality technical, analytical, and coordination expertise across priority areas including SME development, industrial zone development, trade and policy, digital transformation, data analytics, skills development, and international relations.

Sri Lanka's industrial sector plays a critical role in driving economic growth, generating employment, and enhancing export competitiveness. As the Ministry's mandate continues to expand to address emerging economic opportunities and challenges, the Expert Support Unit will provide agile and targeted expertise to strengthen programme implementation, policy innovation, stakeholder engagement, and strategic coordination.

Deputy Minister of Industry and Entrepreneurship Development, Chathuranga Abeysinghe stated, "Sri Lanka's ambitions for industrial growth, entrepreneurship development, and export competitiveness require agile institutions equipped with the right expertise and innovative approaches. This partnership with UNDP represents an important step towards strengthening our capacity to develop and implement forward-looking policies, support our entrepreneurs and industries, and deliver impactful solutions that contribute to national economic transformation."

Resident Representative of UNDP in Sri Lanka, Azusa Kubota, highlighted, “UNDP has been proud to support Sri Lanka’s reform agenda through innovative and agile institutional support. We are pleased to partner with the Ministry of Industry and Entrepreneurship Development in establishing the Expert Support Unit, a results-oriented mechanism that brings specialized expertise directly into government systems. The Ministry’s reform agenda has the potential to create jobs, strengthen Sri Lanka’s integration into global value chains, and accelerate sustainable economic growth. We look forward to supporting the capacities needed to drive this transformation.”