The Eppawala Lanka Phosphate Company has boosted its production capacity with the addition of new operational vehicles and machinery worth Rs. 110 million.
The inauguration of these new assets was held under the patronage of Minister of Industry and Entrepreneurship Development Sunil Handunneththi.
The investment included a wheel loader machine costing Rs. 79 million, a tipper vehicle costing Rs. 18 million, and a John Lift machine costing Rs. 13 million.
According to the Ministry of Industry and Entrepreneurship Development, at the event, appointment letters were also handed over to newly recruited drivers, strengthening the company’s workforce.
The ministry said in a statement that over the past 20 months, the company has achieved significant internal progress, spending Rs. 76 million to construct a new finished goods warehouse, install a modern trainer machine, and upgrade its official website with a Sales Hotline facility.
Looking ahead, the company has unveiled a new strategic plan for 2026–2030 aimed at ensuring maximum retail price stability of its products.
Measures include launching an ERP sample system, providing affordable fertilizer to farmers, and registering a dealer network to strengthen distribution.
The ministry states that the plan will help stabilize fertilizer prices and expand the company’s reach across the island. (Newswire)
