🏛️ FCCISL Hails Approval for National Business Facilitation Centre

The Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) has welcomed Cabinet approval for establishing the National Business Facilitation Centre (NBFC), calling it a landmark step for national and regional business recovery. • Core Purpose: Designed to rebuild enterprise capacity following consecutive economic shocks, global conflicts, and climate impacts. Functions include regulatory simplification, fast-tracked administrative processes, inter-agency mediation, and a tech-enabled single-window platform. • Key Policy Proposals Submitted: • GovData-SL: Integrated data framework for public institutions. • Public Service Transformation Fund: Upskilling public officials for digital governance. • National Business Recovery Framework: Financial and operational support for distressed enterprises to protect employment. • Public-Private Infrastructure Consortium: Mobilizing private capital and expertise. • Galle District Strategic Plan: Regional resurgence pilot program for national replication. • Global Benchmarking: Links NBFC delivery directly to the World Bank’s Business Ready (B-READY) Index across key pillars (Regulatory Framework, Public Services, and Operational Efficiency) to enhance competitiveness in international markets.