Financial Times

German/Hong Kong apparel manufacturer invests in Sri Lanka

 

A garment manufacturing project for the export market will start operations in Sri Lanka in October by way of a US$265,000 investment sponsored by investors from Germany and Hong Kong. A press release from the Board of Investment (BOI) stated that approval was granted to J C R Garment Ltd to start manufacturing skirts and blouses for export to Central Europe, Switzerland and Australia.

The agreements were signed by BOI Chairman/Director General Dhammika Perera who formally presented the BOI Certificate of Registration to the investors, the BOI said. Director of J C R Garments Johannes Hille stated that the skills level of the Sri Lankan workforce is of high standards while the qualify of products manufactured in Sri Lanka is much better compared to products manufactured in other countries in the region. He also noted that Sri Lanka has a strategic location which enables access to international markets.

 
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