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German-Hong Kong JV sets up apparel export plant
23
Sep '09
The Board of Investment of Sri Lanka granted investment approval J C R Garment Limited to commence operations.

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 be manufacturing shirts and blouses for export markets in Central Europe, Switzerland and Australia. The venture is expected to commence operations in October.

“Skills 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”, said Director of JCR Garments, Johannes Hille.

He also noted the Sri Lanka has a strategic location which enables access to international markets.

Government of Sri Lanka


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Courtesy: Business wire

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