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Tuesday, September 22, 2009 - 08.13 GMT |
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German / Hong
Kong apparel manufacturer invests in SL |
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The
Board of
Investment
of Sri
Lanka
granted
investment
approval
J C R
Garment
Limited
to
commence
operations.
J C R
Garments
signed
an
agreement
for a
project
to
manufacture
garments
for the
export
market.
The
project
is an
investment
sponsored
by
investors
from
Germany
and Hong
Kong for
an
investment
of US $
265,000.
The
apparel
company
will be
manufacturing
shirts
and
blouses
for
export
markets
in
Central
Europe,
Switzerland
and
Australia.
The
venture
is
expected
to
commence
operations
in
October.
“Skills
Level of
the Sri
Lankan
workforce
is of
high
standards
while
quality
of
products
manufactured
in Sri
Lanka is
much
better
compared
to
products
manufactured
in other
countries
in the
region”,
said
Director
of J C R
Garments,
Johannes
Hille.
He also
noted
the Sri
Lanka
has a
strategic
location
which
enables
access
to
international
markets.
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