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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2734

FCCISL Back to Business adjudged as Most Innovative by World Chamber Congress

By Quintus Perera - Asian Tribune

Colombo, 17 July, (Asiantribune.com): When deadly Tsunami struck most parts of the Sri Lankan shores, some members of the Federation of Chambers of Commerce and Industry of Sri Lanka, led by its President, Nawaz Rajabdeen set out to survey the damage caused to the business, specially the Small and Medium entrepreneurs on the day of the disaster 26th December 2005 itself.

Since then FCCISL worked relentlessly harnessing all and sundry assistance from whatever sources from where they were forthcoming to resurrect the lost businesses. The FCCISl programme of Back to Business for Tsunami destroyed businesses were so meticulously planned and designed that benefited the people to restore their destroyed businesses to the former position or better. It is this strenuously designed project that fetched the highest accolade presented by the The 5th World Chamber Congress as the most innovative post Tsunami programme in the world. It was selected as the best among 250 programmes presented from all over the world. The World Chambers Congress was held in Istanbul, Turkey.

Under the Back to Business programme FCCISL 11,120 businesses were brought back to stand up in business recognized to be 110 percent reaching the target. The amount of monetary assistance offered to restore the lost business has been Rs 744 million. Rs 227 million were channeled from grand and the balance through bank facilitation.

Nawaz Rajabdeen, President, President, FCCISL who accepted this prestigious award on behalf of the FCCISL said that they were really happy and satisfied that their hard work has achieved fruition and it would be a singular honor to a small country like Sri Lanka. Rajabdeen explaining as to how they got about to work on this extra humanitarian effort as helping these traders have a dual benefit - one is the trader himself is rehabilitated and his livelihood is restored while he has been able to serve the community around him once more, fulfilling a grave social duty. He said that they set up a help and information desks to assess the economic destruction in the SME sector.

He said that their survey revealed that most of the small and micro enterprises had lost their livelihood and they were looking for financial assistance to resurrect their lost businesses. On the findings of the Survey they awarded credit and also training and as such they have provided assistances to over 10,000 people. The other partners in the Back to Business Programme has been the Reconstruction and Development Agency (RADA), International Labor Organization (ILO), and Consortium of Humanitarian Agencies (CHA), sponsored by the Netherlands Embassy in Sri Lanka ad the Government of Norway

- Asian Tribune -

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