What is tipped to be the largest, fully-integrated tyre manufacturing plant in the whole of Southeast Asia is nearing completion. The gates of Rigid Tyres Corporation Private Ltd. are set to open in 2020;a state-of-the-art facility in the developing township of Horana. A monumental moment for the Industry in Sri Lanka as it peaks at international standards, bringing opportunities for employment and encouraging foreign direct investments from across the world.
The persona behind the vision of this enterprise is none other than respected business industrialist – Mr. Nandana Lokuwithana, the owner and Chairman of Ceylon Steel Corporation Limited and its flagship brand –LANWA Sanstha Wane.
Press releases report that the new plant will provide up to 3000 direct employment opportunities, and three times as many indirect employment opportunities- providing its employees withinternational working experience from within the country. A spokesperson for Chairman Nandana Lokuwithana also revealed that the plant would produce passenger car tyresalong with the industrial range of tyres to European and other international markets.
Rigid Tyres takes a step further to create a futuristic workspace withstate-of-the-art-technologyand solid tyre assets acquired from the renowned European manufacturers, Marangoni from Italy,practicing sustainable production to meet international standards for world-class products.
With the plant’stechnical know-how and modern approach to production, Sri Lanka will enjoy new opportunities for the tech-savvy employees, encouraging retention of talent and experience.