SRI LANKA: Factory Investments Create Jobs For Young
Garment factories have been set up at Hasalaka and Ududumbara in Sri Lanka, creating employment opportunities for 700 young people. The first of the two factories is Top Source at Kolangoda, Dehangama Village in Hasalaka, while the other is Broadway Apparels at Ududumbara. Rs25m has been invested in the factory at Hasalaka, providing job opportunities for 265 people. The second stage of this factory will cost Rs.1m, generating job opportunities for a further 415. The Ududumbara factory employs 415 and it's initial investment is Rs20m. With an investment of Rs12m in the second stage, it will provide 250 more jobs.The government of Sri Lanka has taken steps to grant special concessions to investors who would invest in projects in difficult, rural areas in order to provide employment opportunities to the rural youth.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- China leads US apparel sources with falling prices
- Hard hit Turkish industry is not knocked out
- Vietnam grows share of US apparel imports in 2016
- "Power of the many" drives change at Otto Group
- US apparel sector braces for potential cost hikes
- US Q4 in brief – Nordstrom, Carter's, Kohl's
- Bangladesh crackdown has cost garment sector $100m
- Adidas and Burberry recognised for sustainability
- Inditex and H&M boycott Dhaka Apparel Summit
- Macy's will "do the right thing", says Lundgren
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022