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Wednesday, 11 November 2009

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To produce quarry material:

Hong Kong investment under BOI

The Board of Investment of Sri Lanka granted investment approval to Dah Fung Enterprise China (Private) Limited for a project to produce quarry material. Chairman/Director General Dhammika Perera signed the agreement on behalf of the BOI and presented the BOI Certificate of Registration to Director, Dah Fung Enterprise China (Private) Limited Jinzhong Xiao.

The venture is an investment of Rs. 75 million, sponsored by Dah Fung Enterprise (China) Limited, Hong Kong. The project will produce quarry material required for the Colombo - Katunayake Expressway project. The venture is expected to produce around 60 percent of the total quarry requirement of the expressway.

This project under Nipayum Sri Lanka 300 Enterprise Program will be located in Pannala and will be providing employment for 100. Director Jinzhong Xiao signed the agreement on behalf of the company.

 

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