A state-of-the-art logistics and packaging centre which will be Sri Lanka’s largest agriculture export centre will be inaugurated up by Lulu Group International, a highly diversified entity based in the United Arab Emirates (UAE) in Katunayake.
Lulu Group International, in a bid to expand its reach in South East Asia has incorporated ‘Y.A.S. Lanka Pvt. Ltd’ as a Board of Investment (BOI) venture for this initiative. This has been set up as a division of Lulu Group International in the BOI Export Processing Zone at Katunayake (Plot 1 at Phase1).
This logistics and packaging centre will engage in storing, packing and exporting fruit, vegetables and other commodities from Sri Lanka with the assistance of the Ministry of Southern Development and the Government of Sri Lanka. A highly diversified entity based in the United Arab Emirates (UAE), the Lulu is ranked among the fastest growing retailers among the top 50 globally.
Spearheaded by its retail sector which comprises 133 hypermarkets, supermarkets and department stores combined, its global presence spans the Middle East, Egypt, India, Indonesia, Malaysia and the Far East.
Managing Director of the LULU Group International, Yusuff Ali will take part in the opening ceremony and later is scheduled to meet Prime Minister Ranil Wickramasinghe and President, Maithripala Sirisena.
The inauguration of the logistics and packaging centre is scheduled for tomorrow at 11.30 am and Sagala Ratnayake, Minister of Law and Order and Southern Development will be the chief guest of the event.
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