BOI approval for apparel manufacturer
The Board of Investment of Sri Lanka (BOI) granted investment
approval to J. C. R. Garment Ltd to commence operations.
Chairman/Director General Dhammika
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Director of J C R Garments (Pvt) Ltd Johannes Hille receives the
BOI Certificate of Registration from Chairman/Director General
of BOI Dhammika Perera. |
Perera signed the agreements on behalf of the BOI and presented the
BOI Certificate of Registration to the investors.
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 manufacture shirts and blouses for
export markets in Central Europe, Switzerland and Australia. The venture
will commence operations in October.
Director of J. C. R. Garments Johannes Hille said “skill 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”.
Sri Lanka has a strategic location which enables access to
international markets, Hille said. Chairman/Managing Director Sarath De
Costa and Director of J. C. R. Garments (Pvt) Ltd Johannes Hille signed
the agreement on behalf of the company. |