# Tokyo Cement to invest $12M to increase capacity in Sri Lanka

Tokyo Cement Company (Lanka) PLC announced plans to increase local production capacity by 1 million metric tons with an investment of US $12 million at its factory in Trincomalee. The expansion will take 18 months and will increase installed capacity.

- Type: Expansion
- Announced: 2020-11-23
- Where: Trincomalee, Sri Lanka, Sri Lanka
- Value: $12.0M
- Status: announced
- Capacity: additional 1 million metric tons per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Tokyo Cement Company (Lanka)](https://endata.com/companies/27321.md)

## Sources

- [colombogazette.com](https://colombogazette.com/2020/11/23/tokyo-cement-s-investment-expansion-a-direct-nod-to-government-policy), 2020-11-23: "Tokyo Cement Company (Lanka) PLC recently entered into an investment expansion agreement with the BOI, reflecting their appreciation towards The Government’s farsighted decision to encourage the local manufacturing sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.