Sri Lanka: Nepali entrepreneur Binod Chaudhary has submitted a US$75m proposal to the Sri Lanka government to build a cement plant on the Jaffna Peninsula in northern Sri Lanka. According to Daily News, a Sri Lankan online news portal, Chaudhary has invested an estimated US$200m in several projects in Sri Lanka. He has been investing substantially in Sri Lanka ever since he acquired a substantial stake in the Taj Lanka Hotels of the island nation in 2000.
Chaudhary submits US$75m cement plant proposal to Sri Lanka
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