The world‑famous beverage from Sri Lanka, Ceylon Tea, is set to enter a new era with the infusion of Biotechnology 4.0, marking a knowledge‑based export drive for the country’s botanical market. A major milestone in this science‑led industrialization was reached this week when the Board of Investment (BOI) granted formal approval for a state‑of‑the‑art botanical extraction facility by Natex Extracts (Pvt) Limited. The project, backed by foreign direct investment (FDI) of USD 1.5 million (over LKR 450 million), will be established in the Pallekele Export Processing Zone in Kandy. It will introduce advanced biotechnology to the heart of Sri Lanka’s…
BOI approves state‑of‑the‑art Botanical Extraction facility in Kandy
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