Home / Knowledge / News / Textiles / Second MAS Fabric park launched in Giriulla, Sri Lanka
Second MAS Fabric park launched in Giriulla, Sri Lanka
06
Jan '17
Courtesy: Mas Fabric Park
Courtesy: Mas Fabric Park
MAS Fabric Park, second industrial park of leading intimate apparel supplier MAS Holdings, has been opened in Giriulla, Sri Lanka and operations are expected to commence in it soon. Prime Minister Ranil Wickremesinghe ceremonially opened the park that is set up on the site of the former Kabul Lanka lace factory that was shut down over 12 years ago.

The park will require an investment of $28 million and is expected to create over 3000 direct employment opportunities.

The Government of Sri Lanka handed over the factory site to the company with the intention to accelerate the economic progress in all parts of the country. The park will feature state-of-the-art manufacturing technologies to develop products that can compete in the global market, according to Sri Lankan media reports.

A MAS Fabric Park is already operational in Thulhiriya since 2006 and the new park will replicate sustainable features and services of the former. These include water treatment and supply, various engineering services and uninterrupted power supply.

MAS Holdings collaborated with the Board of Investments (BOI) to set up and develop the park in Thulhiriya, thus becoming a successful public-private partnership of the country. (KD)

Fibre2Fashion News Desk – India


Interviews View All

Smarth Bansal, Colorjet India Limited

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Software Firms, Head honchos

Software Firms
Head honchos

AI / robotics may challenge existing long value chains

Nitin Soni, Dolphin Jingwei Machines

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Devendra Gupta,

Devendra Gupta

Reforce, a start-up based in Gurgaon, aims to revolutionise the fitness...

Milva Morani,

Milva Morani

Brighi Technologies began in 1970 with trading and repairing sewing...

Roz Guarnori,

Roz Guarnori

FESPA Global Print Expo 2019, to be held in Munich from May 14-17, is...

Iago Castro Asensio, RCfil Distribuciones S.L.

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Marcel Alberts, Eurofibers

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Giorgio Mantovani, Corman S.p.A

Giorgio Mantovani
Corman S.p.A

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

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

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

Leave your Comments


November 2019

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

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search