Creating history in Sri Lanka’s FMCG retail market, the country’s state owned large scale retail network
will shift its expansion gears to high speed on 28 March-and the race starts with the largest number of openings of Lanka Sathosa brand outlets across Sri Lankan market within a 24 hour short period.
Minister of Industry and Commerce Rishad Bathiudeen has announced that on March 28, 50 new and fully equipped Lanka Sathosa outlets across Sri Lanka will be opened by HE President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe”
Minister Bathiudeen was addressing the Cooperatives Provincial Ministers’ Summit by his Ministry at BMICH on 20 March joined by many provincial cooperative ministers.
At present, Lanka Sathosa has 325 outlets across Sri Lanka reporting an annual network turnover of Rs. 30 billion. Among other important projects in its restructuring are installation of 125 new CCTV systems, setting up of five laboratories, and installation of Human Resource Information System to manage its 3500-employee squad island-wide.(LIN)