Capital Confectionary Land to begin production in January

Capital Confectionary Land (Pvt) Limited recently entered into an agreement with the Board of Investment (BOI) for a project to manufacture processed fruit juices and dairy products.

Speaking about the project, Chairman, Capital Confectionary Land Dayasena said that all fruits i.e. pineapple, passion-fruit, mango and papaya will be purchased from local farmers and all employees will be from the area itself. He said he would assist the farmers. Therefore the factory will contribute to uplift the livelihoods of the local farmers and youth. Prior to setting up Capital Confectionary Land, Dayasena worked at Apple Joy, UK and has vast knowledge about the industry.

Capital Confectionary Land will set up a state-of-the-art factory and all machinery will be imported from Japan. With regard to fruit juices, the company will mainly cater to the export market. Initially, products will be exported to Canada and Alaska. Capital Confectionary Land will also produce flavoured milk, yoghurt and a variety of candy for the local market. Dayasena said his company will introduce chocolate, vanilla, coffee and tea flavoured milk adding that this is the first time tea flavoured milk is being introduced to the local market.

The factory will be at Waharaka, Ruwanwella which is categorised under the 'Most Difficult Areas' in the Nipayum Sri Lanka 300 Enterprises Program. From an investor's point of view, he is very much impressed with the support and co-operation received from the BOI. The Chairman said that incentives, tax holidays and access to duty-free building material are very encouraging.

Through the intervention of the BOI, Capital Confectionary Land was also provided with a state-owned land for the factory.