10th November 2009, firstlanka.com
The Board of Investment of Sri Lanka has granted investment approval to Chinese investors to produce quarry material.
The venture is an investment of Rs.75 million, sponsored by Dah Fung Enterprise (China) Limited in Hong Kong. The quarry material that is produced is required for the Colombo – Katunayake Expressway project.
The venture is expected to produce around 60% of the total quarry requirement of the Expressway. This project under ‘Nipayum Sri Lanka 300 Enterprise Programme’ will be located in Pannala and will be providing employment for about 100 people.
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