Volkswagen to establish plant in Sri Lanka soon - Ranil
Sri Lanka's Prime Minister Ranil Wickremsinghe reassured parliament on Friday that German car giant Volkswagen had not suspended its work in establishing a car plant in Kuliyapitiya, after concerns were raised about a delay in starting the construction.
The government information department quoted Mr Wickremesinghe as saying that the factory will commence operations within 2 years. “Volkswagen investment came to the country before 2015,” the prime minister is reported to have said.
“The company has made an investment of 265 million US Dollars and it will create around 200 job opportunities,” Minister of Development strategies and International Trade Malik Samarawickema said to parliament.
