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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