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Sri Lanka plans to set up fabric processing zone

Sri Lanka is taking great leaps to boost its one of the largest contributors to the economy – the apparel export industry. The USD 5 billion RMG manufacturing industry is planning to set up a fabric processing park in Eravur, Batticaloa in the east of the island, to lure investors from countries like China.

Sri Lanka fabric processing zone Eravur, Batticaloa
Figure: This processing park will cut valuable lead time and reduce the input costs. Courtesy: MAS Holdings

This processing park will cut valuable lead time and reduce the input costs.

Sri Lanka’s Joint Apparel Association (JAAF) was working with the Board of Investment in setting up the industrial zone, Chairman of Sri Lanka Apparel Exporters Association Rehan Lakhany said a local media.

We are talking to the relevant authorities to allocate a land of about 200 acres in Eravur that we have identified suitable to set up this zone. Where foreign textile manufacturers can invest to set up factories within the zone.

Rehan Lakhany, Chairman, Sri Lanka Apparel Exporters Association

“We are talking to the relevant authorities to allocate a land of about 200 acres in Eravur that we have identified suitable to set up this zone. Where foreign textile manufacturers can invest to set up factories within the zone,” Lakhany said.

Chinese apparel makers, who are looking to re-locate would be one of the target groups.

Sri Lanka imports more than 50% of its fabric from China along with other countries like India.

The industrial zone will have centralized facilities such as water treatment plants to recycle water which will reduce set up costs for prospective investors, Lakhany said.

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