Browsing by Author "Kulasekara, GK"

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item: Thesis-Abstract
Feasibility study for ship breaking yard
(2014-07-11) Kulasekara, GK; Fernando, MARV
Government of Sri Lanka needs more feasible business projects to develop the country economy. There should be the projects which are creating more job opportunities and utilising more unused resources. Nowadays, steel related industries are getting a more important part in the economy sector. Large amount of steel (0.3million tons) are being used for construction and fabrication work. Presently iron and steel requirement are important to the country. Scrap steel can be used as a raw material for iron and steel manufacturing. 1/3 of steel requirement is generated by re-cycling work. Ship breaking industry is a most important industry for scrap re-cycling work which is used by some developing countries to meet their steel requirement. After considering lot of criteria it has been found that the Hambantota is the most suitable place for the ship breaking industry. Infrastructure, suitable beaches and other facilities are also available near Hambantota. Annual production of the ship breaking yard depends on the capacity of the tools and equipment of the yard and the capital investment of the project. The capacity of the project evaluated in the report and according to the capacity 18,000 tones of steel can be generated annually and the return on investment is less than 5 years. The ship breaking industry is a feasible and most economical project which creates more then 150 job opportunities which is most important for the country.
item: Conference-Extended-Abstract
Ship breaking industry - open doors to new business opportunity
(2006) Kulasekara, GK; Fernando, MARV
Government of Sri Lanka desperately needs more and more economical, feasible and fruit full investment projects to enhance the economy of the country. Present growth rate of economy is nearly 8 per cent and to achieve the anticipated goals within next five years more and more new business projects are needed. To create the healthy environment for the investment government already started to develop the infrastructure facilities such as power generation, high ways and roads, air ports, harbours, telecommunication systems and transport sector. The aim of the government policy is to get the attraction of large amount of new investors to contribute to the national productivity. It is important to search for new industries which are not yet established in Sri Lanka to open the door to the modem business world. Selecting the type of the business organization, suitable location for the project, availability of capital, capacity and limitations and the resource availability are most important and with the correct decisions the pay back period can be minimized thus enabling the industry to operate successfully. With the development of new industries more job opportunities can be created and the unutilized resources can be utilized for fruit full production processes