Dr. Viranjith Thambugala Archives

Cabinet backs mega $ 783 m aloe vera based herbal products export venture Source:FT Approves grant of 66 acres of crown land in Anuradhapura on 30-year lease Project promoter Aura Lanka Herbals to make $ 300 m capital investment Founded in 2001 by indigenous medical doctor Dr. Viranjith Thambugala, Group has interests in mineral resources, automotive and mobility, medicine industry, security service, and urban development The Cabinet of Ministers this week gave its backing for a mega $ 783 million venture in Anuradhapura to grow aloe vera for export of derived herbal products. Based on a proposal presented by Minister of Finance Basil Rajapaksa and the Minister of Lands S.M. Chandrasena, the Cabinet approved the handover of 66 acres of crown land to the venture promoter Aura Lanka Herbals Ltd. on a 30-year lease. ...