Home / Knowledge / News / Apparel/Garments / USAID helps generate employment in former war zones
USAID helps generate employment in former war zones
24
Apr '10
In order to prop up new businesses in the former war zone, the US Agency for International Development (USAID) has joined forces with Sri Lanka's private sector, informed the aid agency.

Around 5,000 full-time jobs are likely to be generated, in the former conflict zones, through the USAID Public-Private Partnerships for Northern and Eastern Sri Lanka Program.

USAID Mission Director, Ms. Rebecca Cohn said that the agency is committed to bring conflict-affected communities back to normal by elevating job and business opportunities. The aid agency is teaming up with five domestic businesses in the sectors such as, apparel manufacturing, aquaculture, logistics and horticulture.

USAID will invest about Rs.600 million, while private sector's investment of Rs. 1,400 million will add up to a total of Rs.2 billion for new businesses in the former war zone.

USAID will set up a ready-made garment plant in Omanthai, near Vavuniya in the Northern Province in collaboration with a leading garment manufacturing and export company. The projected RMG plant will offer around 1,000 jobs for expatriates and young widows.

Another local garment company will also build a garment factory in Samanthurai in the Ampara district generating over 1,000 jobs. As per USAID, around 1,300 small-holding farmers will benefit from these ventures and help them increase their incomes.

A leading logistic company will assist farmers in the conflict-affected areas by investing in logistic activities. The project will benefit about 1,500 farmers and fishermen.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Indonesian garment exports to remain stable in 2017: API

Garment exports from Indonesia are likely to remain stable this year...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Dinaz Madhukar
DLF Emporio and DLF Promenade

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search