Intellectuals, experts criticise govt’s move to spend on foreign firms for consultancy services

Intellectuals, experts criticise govt’s move to spend on foreign firms for consultancy services

Intellectuals, experts criticise govt’s move to spend on foreign firms for consultancy services

Written by Tharushan Fernando

07 Oct, 2016 | 9:02 pm

Several intellectuals and experts have criticised the government’s move to spend large sums of money on foreign firms, for consultancy services.

The services of several international consultancy firms have been sought for numerous projects planned in Sri Lanka.

One of these firms is Baker and Mackenzie, a global law firm which specialises in financial and commercial tax law, from whom the government has sought consultancy on amending laws and drafting new laws, for the proposed financial city project.

A statement issued by the Prime Minister’s Office on August  24, notes that the firm will be advising on matters including Indonesian tax law and other similar laws and that the work will be done via Baker and Mackenzie’s Hong Kong office.

Another project for which Sri Lanka has sought consultancy services is a Central Programme Management Unit that will underpin ambitious plans to drive economic restructuring and development.

The government has hired the reputed global management consultancy firm McKinsey and Company for this purpose at a cost of 2.3 million US dollars.

The Ministry of Development Strategies and International Trade signed an 18 month agreement with the American firm Sandler, Travis and Rosenberg on June 29.

The agreement was inked to educate officials on the peace process, increase economic ties and create market access for Sri Lankan goods and services.

The Sri Lankan government will be paying Sandler, Travis and Rosenberg a sum of 630,000 US dollars for one and a half years, for these services.

Meanwhile, the Ministry of Megapolis and Western Development has also come forward to seek advise from an urban housing planning firm affiliated to the government of Singapore.

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