With 100 percent locally grown raw materials:
Cerestar to invest Rs 100 m on food products
Ramani KANGARAARACHCHI
Cerestar (Pvt) Ltd will invest Rs 100 million to manufacture healthy
food products using 100 percent locally grown raw material. The pilot
project includes a range of nutritionally enriched flavoured snacks,
breakfast cereals and functional food products.
Prabath Fonseka inspects the trial run in the packing line
at the factory. Pix by Sumanachandra Ariyawansa |
Managing Director, Cerestar (Pvt) Ltd Prabath Fonseka told Daily News
Business that the new 15,000 sq. ft. factory at Bandaragama will be
opened by Prime Minister Ratnasiri Wickramanayake on October 1.
A new milling plant with the latest technology imported from China
was installed in the new factory by a Chinese team who was in Sri Lanka
to train the local staff in its operations.
Prabath Fonseka |
The products target the local and export market. “I am working
closely with Bangladesh, the Maldives and some African countries with
regard to the export market, Fonseka said.
The award winning exporter hoped that the functional food products
will have a good demand in the local and international markets as they
are focused on food beyond nutrition which has additional health
benefits.
He said that Cerestar will be known as ‘The Functional Food Company’
under the brand name ‘Nutrimate’.
Functional foods such as Soya, lowers the cholesterol level apart
from providing protein for the body and similarly fibre diets such as
rice crackers controls diabetes. He plans to go for mass production
following the success of this pilot project. There will be around 100
employment opportunities for people in the area once full scale
production begins.
Fonseka who is also the Chairman of Agro Nutrition (Pvt) Ltd., said
that he was determined to start a 100 percent local industry for the
country and his wide experience in manufacturing and exporting
veterinary premixes, pharmaceuticals, aquaculture feeds and feed
additives to 10 countries helped him to set up the new company. |