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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka's Hemas in 4,000 TEU container depot

Sri Lanka's Hemas in 4,000 TEU container depot

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
July 01, 2013 (LBO) - Sri Lanka's Hemas group, which has interests in consumer goods, leisure power and logistics said it has started building a container yard and warehouse in Welisara, north of the capital Colombo.

The container deport, Hemas Integrated Logistics (Pvt) Ltd is located at Welisara Industrial Zone and is expected to be operational in two months with the arrival of container handling equipment. The depot will be able to stack containers seven high.

"We are buoyant of the opportunities logistics will bring into Sri Lanka and through this investment," Kasturi Wilson, managing director of the transportation sector at Hemas said in a statement.

"Our operations will aim to play a key role in positioning the country as a maritime and logistics hub."

It will handle and store empty and laden containers.

The firm will also provide warehousing facilities to exporters, mainly aimed at apparel exports and ‘garment-on-hanger’ operations.
http://www.lankabusinessonline.com/news/sri-lankas-hemas-in-4,000-teu-container-depot/1422131888

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