18th of Nov.
"Geely" the Chinese automobile manufacture is going to launch their production in Sri Lanka. the factory supposed to start mod 2013 and it will complete first phase on 2014.
The production facilities is based on Hambantota it's one of most developing cities in coming years.
The $ 23.3 billion (revenues, 2011), Geely entered the Fortune Global 500 list at 475 last July and is considered as one of China’s fastest growing car makers, holding part ownership of famed black taxis of London and owning 100% of Sweden’s Volvo. Geely also owns the Australian automatic transmission supplier Drivetrain Systems International-source : Daily news
Geely will collaborate with Micro cars in Sri Lanka which is also a Srilankan local emerging brand in the island and at the moment Micro cars captured sri lankan community with brand new vehicle with affordable price. although the manufacturing only done here but parts are importing globally.
So the International automobile manufactures will focus on Sri Lanka because of the growth rate and more importantly they see the opportunities after the war.
What would be the next international brand of cars will eye on Sri Lanka?
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