BOI firm saves Rs. 1.5 bn through local manufacture of saline
View(s):Kelun Lifesciences Pvt. Ltd, one of the largest pharmaceutical manufacturing facilities in Sri Lanka located at the Kandy Industrial Park., meets 40 per cent of total demand for saline in the country and has saved over Rs. 1.5 billion through the manufacture of saline locally, since 2017.
This was revealed during an official visit to the Industrial Park by Investment Promotion State Minister Dilum Amunugama, Board of Investment (BOI) Director General Renuka M. Weerakone and Executive Director (Zones) M.K.D. Lawrance, the BOI said in a media release.
An Indian investment, Kelun Lifesciences commenced operations in 2017 and currently has a total of 230 employees.
During the visit, the State Minister chaired a meeting with the participation of the investors of the Industrial Park, to discuss and iron out the issues faced by them.
Addressing the investors, Mr. Amunugama stated: “It is evident and undeniable that local productions and exports have been largely hit by global and local recessions resulting in low production and exports,”
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