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Tokyo Cement Co (Lanka) entered an investment agreement with Sri Lanka's Board of Investment to expand its plant in Trincomalee by 1Mta with a US$12m investment.
“The company has an 18-month plan to increase production, which is expected to reinforce the company's readiness to cater to the future demand growth from the local construction industry.”cemnet.com
Summarized from public sources; check the original articles before acting on it.