(Sri Lanka) — The Sri Lanka Cement Corporation is poised to restart manufacturing at the Kankesanthurai Cement Factory which was damaged during the war period.
The Corporation will also start a cement factory in Hambantota.
State Resources and Enterprise Development Minister Dayasritha Tissera said.
“The government has decided to develop the Kankesanthurai Cement Factory and establish a new cement factory to provide quality cement to the public at a reasonable price,” he said.
The Minister said Sri Lanka Cement Corporation and Lanka Cement Company decided to import cement from Pakistan and issue them to the market under the brand names of Lanka Cement and Kankesan Cement.
“They will be issued to the market at a low price than the standard price in the market,” he said.
“The Sri Lanka Cement Corporation as an institute functions under the purview of the State Resources and Enterprise Development Ministry. It does not think about financial benefits. The main objective of Cement Corporation is paying attention towards national requirements and contributing to the country’s economic benefits,” Tissera said.
“A bag of Kankesan cement manufactured by Sri Lanka Cement Corporation can be purchased at Rs 780 in Colombo and Rs 890 outstation,” he said.
“This price would be reduced once the cement packing factory commences operations,” the minister said.
“Sri Lanka Cement Corporation annually issues over 10 million bags of cement to the market. We hope to make a huge contribution to the country’s economy via the Cement Corporation as it did in the past,” Tissera said.
By: Rashmi Kalia (ARI-C NEWS)