News
04 Jan, 2017
Former President Mahinda Rajapaksa doubts the vehicle assembly plant in Kuliyapitiya is for Volkswagen vehicles.
President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe placed the foundation stone yesterday?for the construction of a vehicle assembly plant of the German auto maker Volkswagen in Kuliyapitiya.
The Board of Investment (BOI) inked the agreement with the German auto maker last year to set up the?assembly plant in Sri Lanka?at an investment of US$ 26.5 million.
However Rajapakasa feels the vehicle assembly plant is not really for?Volkswagen but for some low grade vehicles. (Colombo Gazette)
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