Volkswagen to invest USD30mn in Sri Lanka for vehicle assembly plant

Aug 04, 2015 (LBO) – German based automobile manufacturer Volkswagen has agreed to invest 30 million US dollars to set up a vehicle assembly plant in Sri Lanka, BOI Chairman Upul Jayasuriya said.“It’s not huge but it’s just the footprint.We have asked them to set it up and given a time period for them to […]