Sri Lanka is planning to build six factories and lease them to investors. Despite road and electricity being provided, investors were reluctant to build factories in Mannar and Mullativu due to the remoteness of the areas and as such, the state will build factories and give them on a long-term lease to recover the cost, observed the country’s Industry and Commerce Minister.
In the first phase of the initiative, three factories will come up in Weli-Oya, which along with Musali, has around 2,500 youngsters who are available to work in the factories, including the 500 who have experience in apparel business.
