Volkswagen project has temporarily been halted - Eran
August 29, 2016 01:35 pm
The proposed project to set up a Volkswagen car plant in Sri Lanka has temporarily been halted, Deputy Minister Eran Wickramaratne says.
The observation was made during an interview with Ada Derana.
He went on to say that the project has been temporarily halted due to several issues that the company had to face “in international level.”
Germany’s famous car-maker Volkswagen however had earlier signed an agreement with the Sri Lanka Board of Investment (BOI) to establish a USD 26.5 million investment motorcar assembling plant in the island.
This assembling plant was about to set up on a 30 acre land at Kuliyapitiya and supposed to provide some 200 employment opportunities, according to reports. German specialists were also had plans to set up a training centre within this assembling plant to train the Sri Lankans in motorcar assembling.
