Daya Group to invest Rs. 400m in three ventures

Daya Group of companies headed by its chairman Daya Gamage celebrating the 25th anniversary in Colombo recently launched C T Technologies and D & A while DEME was re-launched by increasing the number of products. The group will invest Rs 400 mln in these three ventures which will provide 300 additional employment opportunities.

D&A with an investment of Rs 200 mln plans to open 10 fashion stores within the next two years in urban areas catering to fashion conscious people. The investment of CT Technology is Rs 100 mln. The group is planning to spend Rs 100 mln for the relaunch of DEME. CT Technologies develops software for Micro banking, sector while D&A brand will manufacture fashion garments for the local market.

DEME a member of Daya Group of companies imports airconditioner units as well as energy saving bulbs and many other products.

- SG