President Gotabhaya Rajapaksa declared open Southeast Asia's largest tyre manufacturing facility Ferentino Tyre (Pvt) Ltd at Horana today.
Built at an estimated cost of $ 250 Million, the project's Phase One has been completed while Phase Two is slated to be completed and ready for commissioning in March 2021.
Ferentino Tyres is the brainchild of respected entrepreneur and Chairman of Ceylon Steel Corporation Nandana Lokuwithana.
Ferentino Tyre Corporation (Pvt) Ltd is a venture facilitated by the Board of Investment of Sri Lanka (BOI) & features state-of-the-art European technology optimised to deliver a premium output.
