Munchee's Mile-Stone!

Friday, 4 March 2011 04:16 - - {{hitsCtrl.values.hits}}

Despite being a vociferous campaigner against the looming Indo Lanka Comprehensive Economic Partnership Agreement (CEPA) for its dangerous effects in his view, senior business leader and Ceylon Biscuits Chairman Mineka Wickramasinghe appears to be forging ahead with plans for expansion. Here at the foundation stone laying ceremony yesterday for a mega new manufacturing facility for export at Seethawaka with an investment of Rs. 1.2 billion Wickramasinghe takes a closer look at the brick akin to gazing at a crystal ball to assess future fortunes

CBL invests Rs. 1.2 b for dedicated manufacturing facility for exports

Ceylon Biscuits Limited (CBL) is to open a new manufacturing plant at Seethawaka Export Processing Zone to cater to the increasing demand of its export market.

CBL said it will invest around Rs.1.2 billion on this new factory which is a BOI approved project.

CBL Chairman Mineka Wickramasinghe laid the foundation stone for the venture yesterday with the participation of senior officials of the Company and the SEPZ.