Yakdong Industries Company Limited - one of the 10 leading companies in Korea - has invested US$ 50 million in setting up a large-scale container manufacturing factory in Trincomalee.
Yakdong Industries Company Limited Chairman Heung Seok Gwon and Vice Chairman Kyeong Won Shin met Prime Minister Dinesh Gunawardena at the Prime Minister’s Office yesterday (14) and assured that the constructions of the factory will be completed soon and its production will commence within the next six months.
The factory will be established across 50 acres in Trincomalee and the expected production is 10,000 containers per month. The company has already selected 32 welders from Sri Lanka to work initially in Korea and they will supervise the employees in the Sri Lankan factory. They will recruit 70 more employees to the factory.
Leading international freight companies have already given orders to build containers to this company. The factory will also purchase discarded containers to be renovated and used for several other purposes such as sales outlets, dwellings and agricultural purposes among others.
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