Sri Lanka has already laid the foundation to up grade Sri Lanka’s economy to a global level over the next five years by implementing green economic policies encouraging electric vehicle including motor cycles and three wheelers assembling enterprises in the island.
President Ranil Wickremesinghe has announced that the government will extend necessary assistance and encourage electric motor cycles and three wheeler assembly in the island for the benefit of low and middle income earners.
The President made this disclosure when he attended the ceremony held on Thursday March 02 in connection with the opening of Volta Auto Tec Engineering Private Limited, Minneriya.
As a solution to the current fuel crisis in the country, when there is a need for electric motorcycles and three wheelers, Volta Auto Tec Engineering Private Limited has facilitated the purchase of assembled tractors, electric motorcycles and three-wheelers from today onwards.
At present, Volta Auto Tec Engineering Private Limited has established a collaborative production partnership with India, and has reported receiving orders from countries such as Vietnam.
During his visit to the factory, the President inquired about the assembly process of bicycles, electric motorcycles, and tricycles from the officials.
A representative from a local farmers’ organization also presented a souvenir to the President marking this occasion.
In his remarks at the opening the President emphasized the need for an urgent transition to a green economy. He said a foundation is presently being established to advance Sri Lanka’s economy to a global level over the next five years by implementing green economic policies.
The President’s Media Office said as a solution to the current fuel crisis in the country, when there is a need for electric motorcycles and three wheelers, Volta Auto Tec Engineering has facilitated the purchase of assembled tractors, electric motorcycles and three-wheelers.
President Wickremasinghe noted that he is delighted to have come to see the talents of Volta Auto Tec Engineering.
The Government is looking into ways of supporting this initiative. We should appreciate this step taken to create a green economy.
All should work to shift the country’s economy to a green economy by implementing such projects he noted adding that now, the countries of the world are moving towards a green economy.
Sri Lanka should also embark on that journey,” the President said pointing out that the country has the potential to achieve many advantages by moving towards a green economy in the next five years.