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Message: <blockquote data-quote="premi123" data-source="post: 13890441" data-attributes="member: 255374">20 November 2012 -- The much awaited Sri Lanka’s  inaugural and the regions third communication satellite launch would  take place next Thursday from Beijing China at 3 30 p.m. Sri Lankan  time. The Supreme Group is a fast growing Sri Lankan home grown company  with a special focus on Sri Lanka and regional satellite communication  opportunities. They have already invested US $ 100 million.transmitting station in Kandy. The funds for this historic venture are being mobilized through MIL Bank.Chairman,  Supreme Group, R. M. Manivannan speaking to Daily News Business said  that they would further invest US $ 60 million next year for further  development of the project.“Our main strength and revenue base  is bulk commodity trading which includes large scale contracts of urea,  coal, bitumen, PVC, iron ore. In addition we are also involved in  reinsurance, investments, oil exploration, mining and consultancy. After  the huge success the company enjoyed doing large scale regional  business, we wanted to do something big and beneficial to Sri Lanka and  this is the reason we decided to launch a satellite for Sri Lanka.”“Being  a patriot this launch of the satellite would once again prove that  “nothing is impossible” for a Sri Lankan.”Subsequent to the launch in  China the satellite would be positioned right over Sri Lanka and after  programming it would be ready by early next year. Manivannan said he has  opened doors for a new industry in Sri Lanka and this will trigger a  positive attitude especially within the private sector and investor  community thus brings in similar large scale, Sri Lankan initiated  innovative projects into Sri Lanka.”“When we made our initial  efforts to design, manufacture and launch a satellite owned by us, none  of the western manufacturers took us seriously and we have proved our  critics wrong by scheduling the launch of the satellite on Thursday.”With  the capital raised and firm plans in place, it was still an uphill task  to find the suitable partner who would be willing to offer us the  technology support. This is when we contacted the Chinese state owned,  China Great Wall Industry Corporation who was a tower of strength for  this operation,” he said.“This project, while commercially  creating a whole new industry in Sri Lanka, and would also bring in a  total of US $ 320 million within the next three to five years. In  addition there will be foreign exchange earnings along with high  technology employment generation.”He also said in a few months  the local telecommunication and TV viewing industry would see a major  transformation with numerous benefits being offered to them for better  quality and lower price.“Eventually this will lead to technology  transfer and we can provide employment and a knowledge base to Sri  Lankans who wish to venture into the space industry.”                                               <img src="http://www8.0zz0.com/2012/11/20/12/959265132.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />scour : <a href="http://pkxtars.com" target="_blank">http://pkxtars.com</a></blockquote>

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