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Message: <blockquote data-quote="monson" data-source="post: 20585743" data-attributes="member: 30005">Pelwatte Dairy to invest Rs 1.5 bn in three Northern fresh milk plants<img src="http://dailynews.lk/sites/default/files/news/2016/08/23/z_pi-pelwatte.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />Pelwatte Dairy Industries Ltd will invest Rs 1.5 billion to build three mini fresh milk processing plants in the North starting this year.Pelwatte Chairman Ariyaseela Wickramanayake said that in addition he will also build a milk powder processing factory in Jaffna as well.Speaking to Daily News Business at the inaugural Northern Investor Forum on Monday he said that there is a 250,000 population in Jaffna and there are over 260,000 dairy cows in the area.“However when I visit the Jaffna town I could only see international milk power brands in the shops. This results in our foreign exchange being diverted overseas. I want to stop this outward cashflow and decided to have the plant in Jaffna.”Wickramanayake said that there is also a tradition in Jaffna where people want to consume fresh milk.“ I will open up collecting centers in the North and collect milk and then pack them and release it to shops in Jaffna,”he said.Pelwatte Dairy Industries Ltd, a leading manufacturer of locally produced dairy products, has been supporting a multitude of local dairy farmers for many years. This initiative would also help the Jaffna people who own cattle to get additional income opening up a new form of self employment.Wickramanayake said that he will then follow this model in Vavuniya by opening two more mini factories.He said that it was disclosed at the Northern Investor Forum that there are several abandoned milk producing factories in the North East. “I will invest and turn one of them around as a milk powder processing factory soon. This will also provide employment for over 200,”he said.Wickramanayake said that profits within the company would be invested for these four investments.“Sri Lanka has the capability of being self-sufficient in milk production and Pelwatte Dairy has constantly lobbied for the country to take that step,” he added.Locally produced full cream milk powder, butter, yogurt and ice cream are among the list of products produced at Pelwatte Dairy’s ISO22000: 2005 World Food Safety Certified factory in Buttala.- <a href="http://dailynews.lk/?q=2016/08/24/business/91216" target="_blank">http://dailynews.lk/?q=2016/08/24/business/91216</a></blockquote>

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