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Ministry of Commerce and Industry

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Stepping into the bustling heart of Colombo, let’s pause at the Ministry of Commerce and Industry. This unassuming building holds within its walls the story of Sri Lanka’s economic evolution. The Ministry of Commerce and Industry, established in 1931, has played a pivotal role in shaping the nation’s industrial and commercial landscape. It’s responsible for everything from national policy to overseeing key institutions. One such institution is Lanka Sathosa, the largest government-controlled wholesale and retail chain in Sri Lanka. The name “Sathosa” is an acronym derived from “Samoopakara Thogaveladhaam Sangsthava,” meaning Cooperative Wholesale Establishment. Over the years, the Ministry has been led by a diverse array of ministers, each leaving their mark on Sri Lanka’s economic trajectory. From Peri Sundaram, the first Minister of Labour, Industry and Commerce, to the present day, the Ministry has navigated the complexities of a changing global economy. The Ministry of Commerce and Industry isn’t just a building. It’s a living testament to Sri Lanka’s ambition. It stands as a symbol of the nation’s continuous pursuit of economic growth and prosperity.

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