South Korean giant SK Group to invest US$ 30-40mn in Micro Holdings
Amid the dearth of foreign investments to Sri Lanka, SK Group, a Fortune 500 company and South Korea’s 3rd largest diversified conglomerate yesterday announced that it will be making a US$30-40 million equity investment in local car manufacturing and assembly pioneer Micro Holdings (Pvt) Ltd.
“It is an honour to partner with Micro. We are hoping to help Micro expand its production facilities, its industry related clusters and new projects Micro is investing in,” SK Gro