The Eppawala Lanka Phosphate Company has undertaken a major capital investment in new machinery and vehicles to increase operational capacity, with plans to stabilize fertilizer prices and expand market reach through 2030.
The Eppawala Lanka Phosphate Company has strengthened its production infrastructure through a Rs. 110 million investment in equipment and vehicles. The initiative, inaugurated under the oversight of Minister of Industry and Entrepreneurship Development Sunil Handunneththi, included the acquisition of a wheel loader valued at Rs. 79 million, a tipper vehicle costing Rs. 18 million, and a John Lift machine priced at Rs. 13 million.
Beyond the new equipment, the company simultaneously announced recruitment of additional drivers to support expanded operations. The Ministry of Industry and Entrepreneurship Development highlighted that this latest round of investment follows significant progress over the previous 20 months, during which the company allocated Rs. 76 million toward constructing a finished goods storage facility, acquiring modern training equipment, and modernizing its digital infrastructure with an online sales platform.
Looking forward, the company has adopted a strategic roadmap spanning 2026 to 2030 with objectives centered on maintaining stable retail pricing for its fertilizer products. The initiative encompasses the deployment of an enterprise resource planning system, ensuring farmers have access to affordable fertilizers, and establishing a formal dealer network to broaden distribution across Sri Lanka. According to the ministry, these measures are intended to contribute toward price stability in the fertilizer market while enabling the company to extend its commercial footprint nationwide.
