The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to if you face any technical difficulties when posting
Display results as :
Advanced Search
Latest topics
HAYC - HaycarbFri Oct 16, 2020 12:55 amsubash
LWL.N0000 (Lanka Walltiles PLC)Fri Oct 16, 2020 12:50 amsubash
CSE Daylight Robbery !Mon Sep 21, 2020 9:54 pmYin-Yang
Trading Journal Tue Sep 15, 2020 10:37 pmThe Invisible
AEL Access EngineeringTue Sep 15, 2020 7:24 pmsmallville
CFVF - First CapitalWed Sep 09, 2020 9:42 pmWonderer
අනං මනං! #/+?.<>Tue Aug 18, 2020 11:15 pmYin-Yang
Dividend AnnouncementsMon Aug 17, 2020 1:27 pmRana
Ceylon Tobacco CTCSun Aug 16, 2020 5:11 pmThe Invisible
Sunshine HoldingsFri Aug 14, 2020 9:39 pmThe Invisible

Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
Top contributor
Top contributor
Posts : 1786
Join date : 2015-12-16

 Nestle Lanka invests in new manufacturing facility Empty Nestle Lanka invests in new manufacturing facility

on Sun Jan 15, 2017 12:53 am
Jan 14, 2017 (LBO) – Nestlé Lanka layed the foundation stone for a new manufacturing facility at its factory in Pannala, Kurunegala, as commitment to strengthen the local dairy and coconut industries.

“Through this new investment, the company plans to expand its production capacity for its popular dairy and coconut based products, providing consumers with more goods that cater to local tastes and nutritional needs,” the company said in a statement.

President Maithripala Sirisena graced the foundation laying ceremony of the new facility as chief guest.

Gamini Jayawickrama Perera, minister of Sustainable Development and Wildlife, Anura Priyadarshana Yapa, minister of Disaster Management, Ravi Karunanayake, minister of Finance, P. Harrison, minister of Rural Economic Affairs and Heinz Walker-Nederkoorn, ambassador of Switzerland to Sri Lanka and Maldives attended the ceremony as Special Guests.

Nestlé locally produces over 90 percent of the Nestlé products sold in the country today and exports to over 50 countries, driving both import substitution and expansion of exports.

“We are committed to Sri Lanka and believe in the country’s growth potential.” said Shivani Hegde, managing director for Nestlé Lanka.

“Our new investment reinforces our purpose of enhancing the quality of life of the people of Sri Lanka as it will empower the farmers we work with daily and uplift their lives.”

To recognize the efforts made by Nestlé’s dairy and coconut farmers, a farmer felicitation was held in parallel to the foundation laying ceremony in the presence of over 200 Nestlé farmers.

As Sri Lanka’s largest private sector collector of fresh milk, and one of the world’s largest exporters of coconut milk powder, Nestlé supports the livelihood of close to 27,000 local farmers and their families.

Recently, the company launched a Coconut Development Programme in collaboration with the Sri Lanka Coconut Cultivation Board, and donated 10,000 coconut plantlets across 150 acres to 2,000 coconut farming families, and developed 2 model coconut farms to showcase best practices.
Back to top
Permissions in this forum:
You cannot reply to topics in this forum