Sri Lanka will soon start work on setting up a fabric processing park in Eravur, Batticaloa.
There cannot be a better news for country’s garment industry, as a fabric park will not only help bring down lead time, but also reduce the input costs.
The objective is to attract large numberof foreign investors to Sri Lanka’s apparel industry, including Chinese investors.
Further on the same, Rehan Lakhany, Chairman, Sri Lanka Apparel Exporters Association told the media “Sri Lanka’s Joint Apparel Association (JAAF) and Board of Investment are working to come up with an industrial zone for the growth of the industry.”
Rehan added that there are talks to get a 200-acre land in Eravur as the place is ideal to set up a fabric processing park. He also said that many foreign textile manufacturers will then be invited to Sri Lanka to set up factories in the zone.
Apart from all the latest facilities, the park will also see a water treatment park.