TEXTILE ZONE DEVELOPMENT

The Zone is declared as a “Strategic Development Project” (SDP) and, strategic textile manufacturing investments established within the borders of the zone are eligible for benefits under Sri Lanka’s SDP Act. With over ~300 acres, the zone will provide opportunities for multiple verticals relating to the manufacture of textiles. Manufacturers can establish plants in this dedicated area, complete with a host of amenities and facilities including a sea outfall, central wastewater treatment plant and pre-cleared environmental approvals for all products. This processing park aims to reduce material lead time with the availability of locally sourced fabric to reduce input costs.

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Project/ownership structure

Foreign Direct Investments (FDI), Domestic private investment