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Senaro Motor Company Ltd yesterday donated locally assembled Senaro GN 125 motorcycles to the President’s Office.
Senaro Motor Corporation Managing Director Roshana Waduge officially handed over the keys and accompanying documents to President Ranil Wickremesinghe.
The assembly of these bikes followed the Standard Operating Procedure (SOP) that was introduced by the Industry Ministry for manufacturing,
assembling and producing vehicle components in Sri Lanka. The newly built assembly factory in the Yakkala area has been producing the Senaro GN 125 motorcycle with 35 percent value addition through locally produced spare parts.
The company has invested Rs.1.5 billion in this venture, with the full financial support of Bank of Ceylon. The goal is to increase the value addition to 50 percent in the near future and create more than 160 direct job opportunities.
Bank of Ceylon Chairman Ronald C. Perera (PC), General Manager Russell Fonseka, Deputy General Manager Rohana Kumara, Senaro Motor Company Director Mohan Somachandra and other officials were present at this occasion..