Trinco
town violence cost Rs. 150 million: Chamber
From Sinniah Gurunathan, Trinco correspondent
The damage caused by the April 12 violence in Trincomalee town has
been estimated at over 150 million rupees, a report made by the
Chamber of Commerce and Industries of Trincomalee District (CCITD)
revealed.
Thirty
two business establishments had been affected by the violence.
The affected businesses include grocery, textile, electrical, hardware,
building material and jewellery shops, hotels, hairdressing saloons
and communication centres.
The
report said stocks worth Rs. 90 million had been destroyed and damage
caused to vehicles had been estimated at a little over Rs. 3 million,
totalling Rs. 93 million.
Losses
from direct business had been estimated at around Rs. 33 million,
damages caused to buildings at Rs. 21 million and houses at Rs.
5 million.
The report did not include the damage caused to the Hatton National
Bank (HNB) Trincomalee main branch and fuel pumps and offices of
the Trincomalee MPCS, which also had been affected by the violence.
According
to HNB Northern Regional Manager A.V. Beadle, the bank needed about
one million rupees to repair the damaged building. Vehicles and
motorcycles of bank officers and workers had also been burnt and
damaged. These damages had been estimated around Rs. 2.5 million,
he said.
On
the instructions of Investment Promotion and National Enterprise
Development Minister Rohitha Bogollagama, following his earlier
visit to Trincomalee and discussions held with the representatives
of the CCITD, the SME Bank had decided to open its first branch
in Trincomalee town on the first floor of the newly constructed
three storied building in front of the central bus stand on April
8. The SME bank was to assist small and medium entrepreneurs in
the town to develop their business activities and facilitate them
to export local products direct from Trincomalee itself.
The
opening of the branch was put off following the killing of Trincomalee
District Peoples Forum president V. Vigneswaran on April 7. Thereafter
Trincomalee town witnessed violence which followed the bomb explosion
on April 12.
“Unfortunately
we are here not to open the SME Bank branch but to assess the damage
caused to the businesses and provide soft loan facilities to affected
traders to revive their business activities as early as possible,”
said SME Bank credit department head Shelton Gamage, addressing
a gathering of affected traders - 23 Tamil and 9 Muslim - in the
Trincomalee office of CCITD on April 18.
Entrepreneurs
unit head of SME Bank Rahul Senanayake also accompanied him
“You would be provided with loan facilities from R. 100,000
to Rs. 1 million with an interest of 4 % per annum for three years.
You would be given a grace period to settle the loan,” Mr.
Gamage told traders who lost their businesses in the violence.
CCITD
chairman R. Rajarammohan handed over the report to Mr. Gamage detailing
the loss incurred by the businessmen in the violence.
Mr. Rajarammohan who is the Unilever distributor in the Trincomalee
district suffered a heavy loss in his business with his stores completely
burnt down along with his four lorries and a new car.
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