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| Sunday, 31 July 2005 |
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Business |  |
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Nitro Lanka gears for Lanka's roads by L.S.A. Wedaarachchi Nitro Lanka, a motor-cycle made in Sri Lanka with Malaysian collaboration will be on our roads in the near future. The Alba Group which successfully produced three-wheelers in Sri Lanka has undertaken motor-cycle manufacturing in Sri Lanka with the Nitro Group, one of the leading business ventures in Malaysia. "Our aim is to give a quality product to the customer at a reasonable price. It is accepted worldwide that the quality of the Malaysian products is very high. What we offer to Sri Lankans through 'Nitro Lanka' is a quality motor-cycle, the chairman of Alba Group M.Y.M. Nassar said. At the first stage of the project it is expected to manufacture three-hundred 'Nitro Lanka' motor-cycles of twelve models per month. Customers have a choice to select a motor-cycle from the 'Nitro Lanka range. "It has all options of a motor-cycle. It is comfortable, sleek and a quality machine which gives pride and satisfaction to the owner, the chairman said. According to Nassar his policy is to save valuable foreign exchange which flows out, by importing items and machinery utilising our most valuable human resources and technical know-how. He said one hundred and fifty Alba three-wheelers are produced per month at his Wellampitiya workshop. The Alba group chairman said, 70 percent of Alba three-wheeler spares are manufactured locally. Merely assembling parts and machines is not the only task. As a nation and responsible citizens we should have a target of producing our requirements locally and thereby become self-sufficient. Showing his hand stained with machine oil, the Alba group chairman said even he works in the workshop when the need arises. He stressed the need for genuine assistance and support of the policy-makers and the key officials of the government to achieve the targets of local industrialists and businessmen who are going through various difficulties. "If we succeed we will save Rs. 12,000 million per year which flows out annually for the import of three wheelers. Moreover hundreds of skilled workers can be given employment. What we need is appreciation and support to grow and expand our industry
and enjoy tax benefits which have already been offered to foreign investors
in Sri Lanka and not to local industrialists, he said. |
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