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Sri Lanka President opens SKD vehicle assembly plant

Summary by EconomyNext
ECONOMYNEXT – President Ranil Wickremesinghe opened an assembly plant in Sri Lanka’s Kuliyapitiya area, which will start by putting together a 15-seater passenger van. The plant will assemble semi-knocked down vehicles imported from abroad, he said. Western Automobile Assembly Private Limited, promoted by Sri Lanka’s Senok group. “We approved the establishment of this factory in 2015, but it faced significant opposition and protests. Investigati…
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