BusinessSerendib Flour Mills hold 27 per cent of the wheat flour market share in Sri Lanka where the consumption pattern has grown to 60,000-65,000 of metric tonnes a month. Serendib Flour Mills (Pvt) Ltd is celebrating its 10th anniversary in Sri Lanka this year. The size of this flour mill is available only in Sri Lanka where Sri Lankan flour is preferred in the regional countries,” he said. At this stage the then government invited Al Ghurair business family in Dubai who agreed to set up a flour mill in Sri Lanka with a US$100 million investment. It took nine years for us to set up the Serendib Flour Mills and make it operational.”He said the investor of Serendib Mills has not taken any money out of the country by way of dividend or any other form up to now.

Source: Sunday Times January 18, 2018 05:48 UTC