Sri Lanka based United Tobacco Processing Private Limited, a Unit of J. Cortes Cigars of Belgium is planning to double its production, announced the Island’s Ministry of Industry and Commerce.
“Our investment here already exceeds Euro 15 Mn. We have decided to double our Sri Lanka output capacity in our B2B segment”, CEO of the United Tobacco Emmanuel Blomme has told Minister of Industry and Commerce Minister Rishard Bathiudeen during a recent meeting.
He has also said that once the expansion is done it will create 1,000 job opportunities.
United Tobacco’s factory is located at the Katunayake Export Processing Zone and is a BOI approved project.
“In addition to the 250 Mn Cigars produced in Sri Lanka destined for Europe, United Tobacco Processing’ also currently supplies one billion cigar cuts to various Cigar manufacturers around the globe. It is this B2B capacity we are strengthening”, Emmanuel has further said.
The firm is engaged in manufacturing of finished and semi-finished Cigars for the international market.