about us
State-Owned Enterprise Restructuring Unit (SOERU)Transforming State-Owned Enterprises for Sustainable Growth
The State-Owned Enterprise Restructuring Unit (SOERU) was established under the Ministry of Finance, Economic Stabilization, and National Policies following a Cabinet decision with the mandate to restructure state-owned enterprises (SOE).
The overall objectives of SOE reforms are twofold; firstly, it is to provide citizens with better quality products and services at reasonable pricing and convenient availability through a competitive and well-regulated market place and secondly, to create sustainable enterprises that are not a burden on public finances. These objectives will be achieved through professional management focused on governance, accountability, efficiency and effectiveness.
The SOE Policy, approved by the Cabinet of Ministers provides greater detail on the proposed reforms. Further, legislation is being drafted to govern the SOE sector and will be presented to Parliament for its approval shortly.
The need for change is critical, the time for change is now; join us in shaping a prosperous future for our nation.
SOERU
Purpose
For many years, most of the government's commercial enterprises have been underperforming, resulting in a substantial negative impact on the economy. Recognizing this issue, the government established SOERU to initiate a comprehensive reform of all of the  state-owned enterprises.
The need for change is critical, and the time for that change is now.
By addressing financial challenges, operational inefficiencies, and other underlying issues, SOERU strives to restore the profitability and long-term viability of these enterprises to accomplish sustainable economic growth and prosperity. Through targeted reforms and sustainable management practices, SOERU will drive positive economic outcomes and ensure the optimal utilization of government resources.
As SOERU embarks on this transformative journey, we welcome collaboration and partnerships with stakeholders across the globe. Together, we can shape a prosperous future for state-owned enterprises , contributing to the overall economic development and welfare of Sri Lanka.Â
Â
Message for
Investors
Thank you for visiting SOERU's website. We appreciate your interest in our efforts to transform commercial state-owned enterprises (SOE), and we look forward to exploring opportunities for partnerships, divestitures and mutual success.
SOERU is dedicated to transforming and revitalizing SOEs in Sri Lanka. The aim is to create professionally managed and well governed enterprises operating within a well-regulated and competitive market place which meet the needs of citizens without being a burden on public finances. In many instances, these SOEs will better serve the public interest if unshackled from the onerous rules and regulations that govern state-controlled entities. Indeed, the private sector is best suited to address the governance constraints, financial challenges, operational inefficiencies, and other underlying issues that have driven many SOEs to perform poorly.
We recognize the immense value that investors, both local and international, bring to our endeavors. Your expertise, resources, and networks will be of immense value in the transformation process. Through investments and partnerships, we can shape a prosperous future for the enterprises identified for restructure whilst driving positive economic outcomes for Sri Lanka.