The State Engineering Corporation has been given guidelines with the aim of giving priority to local contractors and local products when contracts are given or purchases made.
Under the new guidelines, 7.5 per cent priority should be given to local job contracts in projects funded by the World Bank (WB) and the Asian Development Bank (ADB) and ten per cent priority should be given to local job contracts in projects funded by the Sri Lankan government.
For purchases made in relation to WB and ADB funded projects, 15 per cent priority should be given to locally manufactured goods while 20 per cent priority should be offered to locally manufactured goods for locally funded projects.
The Ministry of Finance and Planning has recommended the use of the national business directory annually issued by Sri Lanka Telecom, SLT Rainbow Pages in obtaining goods and services from next year.
State Engineering Corporation Chairman Prof. Ashu Marasinghe said that utilizing local products for the development process in a country would satisfy many aspects in the field of development and will encourage local raw material production generating more job opportunities.