Cabinet approval to set up Industrial City in Katunayake

Cabinet approval to set up Industrial City in Katunayake

(FASTNEWS | COLOMBO) – The Cabinet of Ministers has granted approval to set up an industrial estate using 100 acres of Government land in the Katana Divisional Secretariat.

This project will facilitate the commencement of industries such as rubber, plastics pharmaceutical and allied products, electrical and electronic appliances, packaging, value-added agro products and recycling industries with a focus on apparel and allied products.

Ministry of Industries has confirmed that the project will generate an investment of around Rs 3,000 million and 11,500 job opportunities.

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