Holcim commends duty free cement imports
CEMENT: Holcim Lanka Chairman Manilal Fernando commended the decision
taken by BOI to allow import of some duty free items including cement
for BOI ventures.
Holcim (Lanka) Limited is a company that has invested over USD 125
million in the cement industry in Sri Lanka. "We are the owners of
factories in Puttalam and Galle. The factory in Puttalam is a fully
integrated plant fully modernised to the latest world standards and in
Galle the Ruhunu Cement Works is a grinding plant which has also been
modernised to the latest standards" he said.
Therefore, the BOI has had the courage to act very correctly by
protecting people who have invested in Sri Lanka said the Chairman.