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Tuesday, August 19, 2014 - 5.32 GMT
Achchuveli Industrial Park first phase opens on August 28 

 

More than 7,000 direct and indirect employment opportunities will be generated through the first phase of the Achchuveli Industrial Park in Jaffna which is to be opened by Economic Development Minister Basil Rajapaksa on August 28. Over eight companies have already commenced construction of factories in the first phase of the industrial park, 25 acres in extent.

The government provided basic facilities to the park including electricity, widened roads, pipe borne water, a drainage system and waste water treatment plant. According to Industrial Development Board Acting Director General Priyanka Ratnamalal, this industrial park which covers an extent of over 65 acres was established by the United Front Government in the 1970s.

This park where more than 15 industries were in operation was closed down due to the conflict in the mid 1980s, he said. Ratnamalal said Industrial Development Board officials decided to reopen the first phase of the Achchuveli Industrial Park which covers 25 acres on the directive of Traditional Industries and Small Enterprises Development Minister Douglas Devananda in 2011. He said the Sri Lankan and Indian governments invested Rs. 350 million for the development of infrastructure facilities for the first phase of the industrial park.

He said an administrative building complex and a post office have already been constructed in the park.

Ratnamalal said construction work on eight factories including a paper recycling plant and plastic factory is in progress and will commence their commercial operations soon.

Two companies have invested on factories that produce nuts and bolts and PVC pipes at a total investment of over Rs. 600 million in this industrial park. The construction of these factory buildings are nearing completion, he said.

Ratnamalal said the Industrial Development Board received applications for more than 250 companies wishing to set up factories in the park.

“We selected the most suitable companies based on their financial and technical capabilities,” he said.
 


 

 
 
   
   
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Last modified: August 19, 2014.

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