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News Lanwa Sanstha Cement to invest US$60m in Phase 2 of Hambantota grinding plant construction

Lanwa Sanstha Cement to invest US$60m in Phase 2 of Hambantota grinding plant construction

Written by Global Cement staff 08 March 2022
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Sri Lanka: Lanwa Sanstha Cement says that it will invest US$60m in expanding its newly commissioned Hambantota grinding plant in order to enable it to serve 60% of local demand.

President Gotabaya Rajapaksa said "Construction is a key contributor to the local gross domestic product (GDP). Our construction sector has a competitive edge in the global context, given its focus on technology and its emphasis on ethics and sustainability. We are certain this endeavour would serve to boost investor confidence, which is timely."

Last modified on 09 March 2022
Published in Global Cement News
Tagged under
  • Sri Lanka
  • Lanwa Sanstha Cement
  • demand
  • grinding plant
  • GCW547
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