Achchuveli industrial estate to be revived
The development of the Jaffna Industrial Estate in Achchuveli, that
has been defunct since 1986 due to LTTE terrorist activities in the
North, will start next month with funds being granted by the Indian
government for the site's much needed reconstruction.
The Indian Government has committed a grant of Rs. 178 million under
its Small Industries Grants Assistance to the Sri Lankan Government.
This is in support of its efforts to revive the Achchuveli Industrial
Estate, Traditional Industries and Small Enterprises Development
Ministry Secretary V Sivagnanasothi said yesterday.
A Steering Committee has been instituted with representatives from
Indian High Commission, Finance Ministry and Traditional Industries and
Small Enterprises, to oversee the development of the project, he said.
Achchuveli Industrial Estate is set to give a fillip to local job
opportunities in the North.
It is expected to generate over 4,000 jobs for youth in the Province,
The development will take place on a 24 acre land under the
government's Northern revival plan, Wadakkin Wasanthai (The Uthuru
Vasanthaya), a program unilaterally undertaken by Senior Presidential
Advisor Basil Rajapaksa for the speedy development of the North in a
Sivagnanasothi said, basic infrastructure facilities, such as water
supply, access roads, electricity, factory building and an
administrative building will be constructed at the site.
About 36 apparel and plastic industries will be launched in the
facility, he said.
Big players in garments manufacture and exports, such as Brandix and
MAS Holdings have shown their interest to start operations.
The effects of war have reduced buildings in the Achchuveli
Industrial Estate which housed 36 small industries from its inception in
1971 into rubbles. It is now covered with dense vegetation. "We will
soon start clearing the site," said Sivagnanasothi. Asked about the
funds, he said funds are now with the Finance Ministry.
Indian High Commissioner Ashok K. Kantha has confirmed in a letter to
the Ministry they have granted funds to Sri Lanka sequel to talks held
between President Mahinda Rajapaksa and the Indian Government in India.
"He has expressed in the letter that the Memorandums of Understanding
signed between Sri Lanka and India during President Mahinda Rajapaksa's
recent visit to India has further strengthened relations between the two
countries," he said.
India has also agreed to extend their support to revive Achchuveli
Industrial Estate until the end of 2012, he said.
The aim of envisioned development is to bring youth in the North to
the country's mainstream development, he concluded.
India has agreed to extend their support to revive the Achchuveli
Industrial Estate for two years, he added.