$ 2m iced tea project to be set up
Walters Bay Bogawantalawa Estates (Pvt) Ltd will invest US$ 2 million
to set up a state-of-art processing centre to manufacture Iced tea in
packaged form for export to Walters Bay USA.
The processing centre will be equipped with all the machinery to
manufacture iced tea which includes the brewing machine, water filter
system and the own water recipe with adjusted TDS/Hardness to guarantee
consistency of its product quality .
Chairman, Bogawantalawa Tea Estates PLC, Dinesh Ambani signed the BOI
agreement on behalf of “Walters Bay Bogawantalawa Estates (Pvt) Ltd”
recently. Bogawantalawa Tea Estates PLC (BTEL) is a Blue Chip Plantation
Company.
Its group annual turnover exceeds US$ 30 million. BTEL shares at
present are traded at the Colombo Stock Exchange.
The company’s high grown tea estates are in the Bogawantalawa Valley
known as the “Golden Valley of Ceylon Tea”, producing some of the best
high grown teas in the world.
The quality policy of Bogawantalawa is to offer the best teas
manufactured under the strictest hygienic conditions at the correct time
to the requisite standards.
Their estates, factories and processing plants have received the
international certifications.
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