Brandix sets up US$27 mn design & product development center
30 Jun '07
1 min read
The Board of Investment on Tuesday signed an Agreement with Brandix Lanka to set up a one-stop-shop Design and Product Development centre.
This will be a state of the art facility valued at US $27 million which will provide employment for approximately 10,000 workers. The new facility will be located at Kerawalapitiya, Wattala.
Brandix in its bid to transform the apparel industry from a "manufacturer" to a "fully integrated service provider", will apply a revolutionary strategy to be a one-stop front-end service centre.
Brandix is positioning Sri Lanka to become the hub of the front-end apparel service in South Asia providing an effective counterbalance to regional competitors.
The Agreement was signed by Mr. Dhammika Perera, Chairman/ Director General of the BOI and Mr. Feroz Omar, Director Brandix Lanka.