A MoU has been signed between the Industrial Development Board (IDB) and SriLanka Insurance Corporation Ltd. This MoU focuses on providing insuranceprotection for the industrial sector in mitigating business related risks that impactthe operations and continuity of a business. Sri Lanka Insurance Corporation willprovide insurance package for industries according to the respective industrialsector. Dr. Saranga Alahapperuma, Chairman - Industrial Development Board, hasexplained the way forward for industrial development and how to initiate anentrepreneurship culture in Sri Lanka. The Chairman mentioned that the IDB hastaken some initiatives already in this regard. Mr. P.L.U. Rathnamalala, DirectorGeneral-IDB, Mr. Mahesh Gamage, AGM and other officials of Sri Lanka InsuranceCorporation Ltd. participated in this meeting.

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