Sri Lanka's largest leather producer, Ceylon Leather Products (CLP), has announced the decision to sell off land so that it can raise enough money to clear its debts.

Company chairman, Nimal Samarakkody, has told local media that the decision over which piece of land to sell is ongoing, but the possibilities are either the site of a factory and office, or the site of a tannery, both in the town of Mattakkuliya.

Share this story: