Unilever gets more Sri Lanka-rooted; kicks off Rs. 4 b maiden malted beverage plant in Sapugaskanda - ft.lk

Officials of Unilever Sri Lanka and South Asia officials and other dignitaries at the foundation laying ceremony

Reinforcing its commitment to the nation, Unilever Sri Lanka, has embarked on a journey to localise the production of its malted food drink brands with the commencement of the construction of its first Malted Beverage Plant at the Lanka Industrial Estate Limited (LINDEL) zone in Sapugaskanda. Unilever at present manufactures 97% of all its products in Sri Lanka at its manufacturing facility in Horana and local third-party manufacturing sites and the latest venture will enhance its locally manufactured portfolio further.

This will come in the form of an investment of Rs. 4 billion and will manufacture Viva and Horlicks, as part of its journey of nourishing a million Sri Lankan lives.

Adapting state-of-the-art technology, the plant is equipped with Vacuum Bran Dryer technology which helps ensure the quality and consistency of products. This ensures a sustainable supply of high-quality Viva and Horlicks products, enriched with the goodness of malt and barley to enable Sri Lankan families to start their day with the energy required to keep them active throughout the day.

The foundation stone ceremony saw the participation of Unilever Sri Lanka Chairperson and Managing Director Hajar Alafifi, BOI Director General Renuka Weerakoon and District Secretary of Gampaha Darshana Pandikorala.

Over the past 85 years, Unilever has been deeply rooted in Sri Lankan society, curating a landscape that preserves and nurtures the true Sri Lankan way of life. It is one of the largest Fast-Moving Consumer Goods (FMCG) companies in the country. The company has invested over Rs. 19.8 Billion in local manufacturing capacity to date.

State Ministry of Investment Promotion Secretary M. M. Nayeemudeen said: “Unilever’s investment in the new Health Food Drinks plan is a testament to Sri Lanka’s potential as an investment destination. This investment not only creates employment opportunities but also strengthens the local economy by reducing the dependence on imports. It is commendable that Unilever is not only investing in the country’s growth but also contributing to the nation’s food security through the production of high-quality malted food drink brands. We welcome Unilever’s continued commitment to Sri Lanka, and we look forward to more investments in the future.”

Board of Investment and Colombo Port City Economic Commission Chairman Dinesh Weerakkody said: “In the midst of economic challenges, it is indeed refreshing to see companies like Unilever supporting the country’s growth and development through meaningful investments. I want to offer my thanks and appreciation to Unilever for believing in Sri Lanka’s potential and integrating itself into the domestic economy through initiatives like this and wish them every success in their future investment plans.”

Unilever Sri Lanka Chairperson and Managing Director Alafifi said: “This is indeed a big milestone for us at Unilever Sri Lanka. We began our journey in investing behind Sri Lanka’s future 85 years ago. Investing in our new Malted Beverages plant, will not only minimise forex outflow for imported products but also creates over 125 direct employment opportunities and much more indirect employment, to help further stimulate economic growth. I firmly believe this investment from Unilever Sri Lanka will be a beacon of hope to all Sri Lankans and foreign investors with a message that states, “Sri Lanka is ready”, and “Yes, Sri Lanka can”. We are thankful to the government for boosting investor confidence through the stabilisation of the country and hope to positively impact our consumers, communities, and economy with many investments to come.”

Supply Chain Director Damith Abeyratne said “Our investment in this state-of-the-art plant not only creates job opportunities and boosts economic growth, but it also promotes technology and skills development in Sri Lanka. By adopting the latest technology and processes, we are not only ensuring high-quality products but also transferring knowledge and skills to our employees and partners. I am confident that this investment will have a lasting impact on the country’s food and beverages industry and contribute to building a sustainable future for Sri Lanka.”

Marketing Director Home Care and Nutrition Sharmila Bandara said: “Our purpose is to nourish a million Sri Lankan lives, and this new investment will bring us closer to achieving that goal. By manufacturing our much-loved brands Viva and Horlicks locally, we can ensure a sustainable supply of high-quality products that meet the needs of Sri Lankan families. With this new plant, we will be in a much better position to serve our consumers and offer them the best possible nutrition options.”

The foundation laying ceremony was also attended by National Finance Director Niroshan Jayasuriya along with several members of the Nutrition Business Unit Leadership Team of Unilever South Asia, Kavita Jain, Vice President - Nutrition and Ice Cream, South Asia, Krishnan Sundraram, Nutrition South Asia Functional Nutrition Head, and Prashant Premrajka, South Asia Finance Head - Nutrition and Ice Cream who arrived in Sri Lanka to grace this momentous occasion.

Adblock test (Why?)