Geely cars to open a manufacturing plant in Sri Lanka

Shanghai based Geely International Corporation, the the third largest Chinese car brand in China and seventh ranking in overall Chinese automotive market, has come to an understanding with Sri Lanka's Micro Cars Ltd to open a manufacturing hub in Hambanthota.

It materialize, the venture can be a major breakthrough for Mahinda Rajapaksa's dream city and Basil Rajapaksa's economic master plan. 

Geely is considering an assembly line with $ 20 million in shared investment with Micro Cars and 500 new employment in automotive manufacturing.

Martin Xiang, Director of Geely said to the Minister of Industry and Commerce Rishad Bathiudeen that the company was trying to start building the factory in mid 2013 and complete Phase I by the end of 2014 with hopes to roll-out the first car in January 2015.

Geely is one of the Fortune 500 company that owns 100% of Sweden’s Volvo and the Australian automatic transmission supplier Drivetrain Systems International.

Visit Geely website

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  1. choose capitalism...yes yes China Did too. කෝ අර අම්මට සිරි ධනවාදය නිසා අප්සට් ගහපු වමා.500 new employment කියන්නේ ඉතිං පොර කියයි ශ්‍රමය සූරාකෑම කියල.

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  3. Micro cars are same they are Geely. Don't you know?


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