Agri Hi-Tech mulls investment here
One of world's leading fertilizer manufacturing companies, Agri
Hi-Tech Sdn. Bhd. Malaysia is exploring opportunities at investing in
Sri Lanka to build an organic fertilizer factory.
International Manager of the Company, Rajasinham Manikkam who was in
Sri Lanka told Daily News yesterday they are looking at a local partner
to launch their operations. "I met Fertilizer Corporation Senior
officials and CIC and Hayleys officials and had successful discussions
in this regard," he added.
Agri Hi-Tech is a research and development (R&D) based company
involved in the production of commercially viable and highly beneficial
microbes primarily for the agricultural, horticultural and environmental
management. They have 20 overseas plants.
"We are also keen on a 100 percent venture as we have the capital for
it," he said. He also spelled out plans to manufacture fertilizer in Sri
Lanka and export to other countries in the region.