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Volkswagen begins construction work

3 January 2017 07:34 am - 11     - {{hitsCtrl.values.hits}}

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The world-renowned automobile manufacturer Volkswagen AG is all set to start work on the much-awaited vehicle assembly plant at Kulliyapitiya with Prime Minister Ranil Wickremesinghe laying the foundation stone at 3.00 p.m.

The US$26.5 million BOI project will assemble 1000cc to 2000cc Volkswagen vehicles including passenger cars, sport utility vehicles and multi utility vehicles to be marketed locally for three years and thereafter with the investor venturing into the export market. (Yohan Perera)

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  Comments - 11

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  • Yaha pala Tuesday, 03 January 2017 02:41 PM

    VW without the V

    Be Fair Tuesday, 03 January 2017 05:59 PM

    Good Initiative. But think about it: VW invested US$ 780m in India for a plant, why would they want to invest US$ 26.5m in Sri Lanka to reach an export market in 3 years.....?????

    Raks Tuesday, 03 January 2017 08:50 AM

    Mul gal palaweida

    Silva Tuesday, 03 January 2017 08:53 AM

    We sri Lankans need a affordable family car better than a Maruti 800.

    DillonDP Tuesday, 03 January 2017 09:01 AM

    Aint they a loss making and faild business in Europe ? However if they are genuinely doing something here... its good... though

    TJ Tuesday, 03 January 2017 09:12 AM

    Hope the next government will not cancel the VW manufacturing license.

    Dee Tuesday, 03 January 2017 09:18 AM

    Now the JO cartoonist will be jittery on FB.

    concerned citizen Monday, 09 January 2017 12:52 PM

    It was a hoax just like the yahapalanaya!!!!!

    haris Wednesday, 04 January 2017 04:51 AM

    I did not see any one from the investors in photos. Why?

    Love Lanka Wednesday, 04 January 2017 06:57 AM

    Cause its not VW assembly plant.. its western assembly plant. Nothing to do with VW so far hopefully in the future. Currently this has nothing to do with VW

    Ron Wednesday, 04 January 2017 07:20 AM

    An investment of US $26.5m is for a very small assembly plant. A decent size car plant will require an investment of more than US $500m. I would expect a plant of this scale to only assemble about 10 cars a day. This plant is not owned by VW, instead owned by the local VW importer. This is just political gimmick to save this government’s tattered reputation, this plant will not even create 100 jobs.


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