COLOMBO (News 1st); The state-of-the-art cement manufacturing facility of Lanwa Sanstha Cement Corporation (Pvt) Ltd., was inaugurated by President Gotabaya Rajapaksa on Monday (7).

A BOI venture, the Lanwa Sanstha facility spread across 63 acres is located in Hambantota’s Mirijjawila Export Processing Zone, and saw an investment of US $ 100 Mn.

The total capacity of the plant would be 4mn MT per annum and is one of the largest such facilities in the whole of South Asia.

The President and Prime Minister Mahinda Rajapaksa also placed the foundation stone for the proposed steel factory at the premises which will cover 250 acres, with an investment of US $ 400 Mn.

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