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SEMA was established under Article 33 of the Constitution of the Democratic Socialist Republic of Sri Lanka to ensure that strategic state owned enterprises are sustainably managed as autonomous, commercially viable enterprises by providing expert guidance.

  • To ensure that the Strategic Enterprises named above are run as viable commercial enterprises without depending on state subsidies.
  • To ensure efficient delivery of services provided by strategic enterprises.
  • To generate benefits to the National Budget in order to better address the social agenda of the Government, by ensuring that strategic enterprises are transformed into autonomous and viable commercial entities.
  • To re-engineer strategic enterprises to be capable of generating investment surplus while adhering to international accounting and auditing standards and best commercial practices, to ensure that they become the main source of high quality capital formation in the country.
  • To improve efficiency and effectiveness of the economy of Sri Lanka by improving and consolidating the financial strength and commercial viability of strategic enterprises.

The Institutions that come under SEMA ‘s purview are as follows:

Financial Cluster
Cluster head – Dr. Ranjith Bandara

  • Bank of Ceylon
  • People’s Bank
  • National Savings Bank
  • Lanka Puthra Bank
  • State Mortgage & Investment Bank

Utility Cluster
Cluster head – Mr. Asoka Abeygunawardena

  • Ceylon Electricity Board
  • Ceylon Petroleum Corporation
  • Water Supply and Drainage Board
  • State Pharmaceutical Corporation

Plantation Asset Management Cluster
Cluster head – Dr. Sunil Jayasekara

  • Janatha Estate Development Board
  • National Livestock Development Board
  • Sri Lanka Cashew Corporation
  • Sri Lanka State Plantations Corporation
  • Chilaw Plantation Ltd.
  • Elkaduwa Plantation Ltd.
  • Kurunegala Plantations Ltd

Transport & Logistics Management Cluster
Cluster head – Mr. Johann Bandaranayake

  • Sri Lanka Ports Authority
  • Airports and Aviation Authority
  • Ceylon Government Railways
  • Ceylon Transport Board and Regional Cluster Bus Companies

Special Projects

  • Lak Salusala.
  • Laksala.

Organization Information

Strategic Enterprise Management Agency (SEMA)

No. 21,
Janadhipathi Mawatha,
Colombo 01.

Darshanie Amarasinghe
Fax Nos:011-2392968

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Last Updated On: 2013-12-05 13:42:00
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