KATHMANDU, MAY 21 - Business entrepreneur Binod Chaudhary , the first Nepali businessman to feature in the Forbes Billionaire 's list, has submitted a US $ 75 million proposal to the Sri Lanka government to build a state-of-the-art cement plant in the Jaffna Peninsula of the island nation.
According to Daily News, Sri Lanka n online news portal, Chaudhary has invest ed an estimated US $ 200 million in several projects in Sri Lanka .
Chaudhary has been invest ing quite substantially in Lanka ever since he acquired a substantial stake in the Taj Lanka Hotels of the island nation in 2000.
His conglomerate business encompasses close to 85 operating companies with interests in banking, food, real estate, cement, power, electronics, education, ayurveda, telecom, retail networks and hotels.
He was also the member of now dissolved Constituent Assembly (CA) in Nepal.- Ekantipur
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Billionaire Chaudhary to up investment in Sri Lanka
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May 21, 2013