Two car assembly plants at H’tota harbor, soon [April 30 2011]

By Shirajiv SIRIMANE

Two car assembly plants will be set up at the Ruhunu Magampura Mahinda Rajapaksa harbor by the end of the year. One would be from Transmec Engineering manufactures of Micro and the second would Zenok.

Both investors would import raw material from overseas and assemble vehicles and re export. A percentage would also be sold in Sri Lanka.

In addition the project committee appointed for the consideration of the request of the investors who are interested for the investments in Magam Ruhunupura Port premises issued 63 applications locally and internationally and 27 investors submitted their proposals for the investments.