Sri Lanka’s “Daily Financial Times” reported on October 30 that the Sri Lankan Cabinet this week approved the Ministry of Industry’s proposal to build a 275-acre textile industry in the Batticaloa region. garden. The Cabinet also approved the declaration of the industrial park as a national strategic development project, said Dr. Pattilana, Joint Cabinet Spokesperson.
Building a textile industrial park has always been the goal of Sri Lanka’s garment industry. Experts point out that this can help the apparel industry hit by the new coronavirus epidemic overcome turbulent external uncertainties, take advantage of changes in the global value chain, and recover faster. </p
