Western Automobile invests $27 m on vehicle assembly plant in Sri Lanka
Western Automobile Assembly Pvt Ltd, a company under Senok Automobiles, has invested US$ 27 million on a vehicle assembly plant in Sri Lanka. The facility is a Board of Investment (BOI) approved semi-knocked down plant located in an 11 hectare land in Kuliyapitiya.
The company made this announcement last Tuesday during a media briefing at the Galle Face Hotel in Colombo.
Western Automobile Assembly (WAA) Director, Gerard Fernando said, “We have invested more than $27 million on the assembly plant and fulfilled the BOI investment criteria.” Initially commercial and sports utility vehicles (SUVs) will be assembled in the plant. Two Chinese brands ‘Foton’ and ‘Great Wall Motor’ (GWM) have signed agreements with WAA to assemble the Foton 15 seater passenger vans and GWM SUV’s in Sri Lanka, he added.
It was also mentioned at the event that the company has hired more than 100 direct employees including automobile engineering graduates and diploma holders of automobile technology to work within the plant. There is also a cadre of 25 employees for roles within HR, administration and maintenance. The company has established partnerships with several local service business providers in the area such as security, logistics and transport, catering, and laundry, creating a broader positive impact on the local area economy.
The plant has been designed by global automotive experts and outfitted with premium international machinery. Its efficient assembly process is based on lean manufacturing principles and a flexible and transparent set up capable of handling the requirements of multiple brands.
Adhering to international safety and quality standards, the facility is poised to become a leading automotive hub in the region.
In addition the company is committed to training and development. There is an onsite training institute of international standards to provide vocational training aligned with global industry requirements. This initiative aims to offer significant employment opportunities for young associates both locally and internationally, further enhancing the microeconomic environment of the country.
This project represents a substantial investment in both the automotive industry, and the economic vitality of Sri Lanka.
The company is dedicated to enhancing the production capabilities, providing essential employment, and offering education and training opportunities that will contribute to the overall development of the local economy.
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