News – IAB

IAB News

5th Annual General Meeting - 2025/2026

5^th AGM was conducted was conducted at 22^nd of November 2024. President, Secretary, Treasurer, Vice President, Vice Secretary were elected and newly re-elected President, Deputy Managing Director of Hay Carb (Pvt.) Ltd addressed the committee about the new challenges. 5^th Annual General Meeting was hosted by Variosystems (Pvt.) Ltd.

Fairwell to Mr. Parakrama Weerasinghe; Founder Chairman of IAB

Mr. Parakrama Weerasinghe raised and stood for us at the most crucial time and delivered a yeoman service.

Declaration of “Badalgama Industrial Estate”

Land survey is being done.

Total Area – 169 Acres
Total Investment over 235 Million USD
Total employment over 5000 people

Water from "Maha Oya" For Members and Neighbourhood

Project is being implemented only with a pumping station at Heycarb PLC premises to draw raw water and members need to work on their own purification requirements.