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A good 500 workforce instead of the 4,200 could do the job efficiently at Ceylon Petroleum Coporation (CPC), Ceylon Petroleum Storage Terminals Limited (CPSTL) and half of the 26,000 workforce at the Ceylon Electricity Board (CEB), power and energy minister Kanchana Wijesekera said.
He said all state-owned enterprises (SOEs) need to be restructured. "There are capable and efficient workers at CEB, CPC and CPSTL. The majority are inefficient and incompetent," the Minister said.
Meanwhile, the political decisions, political appointments, maladministration and incompetence have led to the downfall of these entities, he said.
"I don’t think the majority of the public workforce will survive in the private sector or be recruited at all. Performance based remuneration is a must," Minister Wijesekera said. (Chaturanga Samarawickrama)