5th August 2017
EP Report

   Laugfs Gas Bangladesh, a company of Sri Lanka-based multinational Laugfs Holdings, recently said it plans to strengthen its presence in Bangladesh with renewed commitment and further investments.

 

The firm disclosed its plans at a reception for visiting Sri Lankan President Maithripala Sirisena at Sonargaon hotel.

 

“As an energy conglomerate with a strong footprint within the region, we plan to invest significantly in Bangladesh over the next three years to enhance capacity, expand storage and set up a cylinder manufacturing plant,” said Laugfs Holdings Chairman WKH Wegapitiya in a statement.

 

Sri Lankan Foreign Affairs Minister Ravi Karunanayake expressed hope that bilateral trade would treble within the next two years.


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