OKAYA LANKA PVT LTD
Okaya Electric Industries Company, a public listed company from Japan that manufactures electronic components for noise suppression and surge suppression, signed an agreement with the Board of Investment of Sri Lanka (BOI) to invest in a high-tech manufacturing plant in Sri Lanka. The state-of-the-art plant to be located at Katunayake Export Processing Zone, with an initial investment of US $ 30 mn and will employ 1,200 skilled workers. The company is already planning to send a batch of workers for training to Japan. The Katunayake factory, where the equipment and machinery are being installed, will manufacture, for the first time in Sri Lanka, film capacitors for noise suppression and spark quenchers, which is a protective device for electrical systems, and coil filters for export market.
Okaya Electric Industries Company, a public listed company from Japan that manufactures electronic components for noise suppression and surge suppression, signed an agreement with the Board of Investment of Sri Lanka (BOI) to invest in a high-tech manufacturing plant in Sri Lanka. The state-of-the-art plant to be located at Katunayake Export Processing Zone, with an initial investment of US $ 30 mn and will employ 1,200 skilled workers. The company is already planning to send a batch of workers for training to Japan. The Katunayake factory, where the equipment and machinery are being installed, will manufacture, for the first time in Sri Lanka, film capacitors for noise suppression and spark quenchers, which is a protective device for electrical systems, and coil filters for export market.
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