By Quintus Perera - Asian Tribune
At a time the world is faced with a financial crisis, Fonterra has come forward to invest in Sri Lanka as it has great confidence that the Sri Lanka economy would come right and as Sri Lanka has become their biggest market in the region, outside Australia and Sri Lanka said Mark Wilson, Regional Managing Director, Fonterra speaking at the occasion of commissioning the newest yoghurt manufacturing plantin their factory complex in Fonterra Brands Lanka Ltd, Biyagama. In this project Fonterra has invested Rs. 1.2 billion. With the installation of the new plant, Fonterra is expected to increase their milk collection from the local diary farmers by an additional 8,000 litres daily. They have also invested in three milk collecting centres that would enable them to collect milk from another 3,000 diary farmers, in addition to the existing 3,000 farmers.
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