The Board of Investment of Sri Lanka granted a Rs.4 billion investment approval to Unilever Sri Lanka Limited to set up a state-of-the-art manufacturing plant at the Horana Export Processing Zone.

The new “green” manufacturing facility, established in a 26 acre area, will cater to the local demand and may also serve as a regional sourcing hub for Unilever.

The investment will ensure that Unilever will continue to provide Sri Lankan consumers with their favourite brands while adding substantially to the nation’s economy.

Unilever Sri Lanka has 70 years of manufacturing history in this country and produces 95% of all the products it markets in Sri Lanka. It provides employment to 1100 people directly and many thousands more indirectly through its dedicated suppliers, distributors and service providers.

The decision to choose the BOI Zone in Horana as the site for the new facility was made in keeping with the government’s 300 Enterprise Programme designed to spread development across the country.

Dhammika Perera, Chairman / Director General signed the agreement on behalf of the BOI and formally presented the BOI Certificate of Registration to Mr. Amal Cabraal, Chairman of Unilever Sri Lanka.