Nestle has opened a new LKR500m ($3.4m) UHT milk plant in its Kurunegala factory in Sri Lanka to boost its production capacity.
The new investment is said to help Nestle in expanding the production capacity for its dairy based products.
It is also expected to provide local consumers with additional milk based products suiting local tastes and nutritional requirements.
Nestle’s ready to drink products including Milo, Nescafe Ice, Nespray Nutri-Up and Nestomalt will be manufactured at the Kurunegala UHT milk plant.
Nestle managing director Shivani Hegde said: “The new UHT milk plant we opened will positively impact the farmers we work with daily, strengthening our efforts to develop the local dairy industry, contribute to its prosperity, and ultimately, enhance the quality of life of the people of Sri Lanka.”
Central Bank of Sri Lanka Governor Indrajit Coomaraswamy said that Nestle has helped the country in earning and saving its foreign-exchange reserves by manufacturing its brands domestically.
Coomaraswamy said: “Nestlé is also a fine example of a company that has fully integrated itself into the domestic economy through its many initiatives to empower the lives of 20,000 local dairy farmers.”
Late last month, Nestle Lanka opened a new milk chilling centre in Urumpirai in the Jaffna region.
The company said that the new milk chilling centre would increase both supply and quality of milk from its farmers in the North besides helping them towards a sustainable livelihood.
