Home / Knowledge / News / Apparel/Garments / BOI-Priority Garments JV for casual pants manufacturing plant
BOI-Priority Garments JV for casual pants manufacturing plant
13
Jun '08
The Board of Investment of Sri Lanka signed an agreement with Priority Garments. Mr. Dhammika Perera, Chairman / Director General signed the agreement on behalf of the BOI. Hon Dr. Sarath Amunugama, Minister of Enterprise Development and Investment Promotion formally presented the investor with the BOI Certificate of Registrations.

The agreement signed with Priority Garments is for a project to manufacture casual pants for the export market. Priority Garments has taken over an existing factory at Madapatha owned by L Jinadasa Apparels, a BOI approved venture to commence operations. The company's production is exported to a wide number of clients in the European Union and the USA. The investing companies in this venture are Orient Garments and Fascination Exports.

The Priority Garments venture is at an investment of US $ 430,000 and will create employment opportunities for a work force of 450. The venture located in Kahapola, Madapatha has already commenced commercial operations.

Mr. Priyanjith Weerasooria (MD, Orient Garments) and Mr. Noel Priyathilake (MD, Fascination Exports) signed the agreement on behalf of the company.

Board of Investment of Sri Lanka

Must ReadView All

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search