Stylish Garments (Pvt) Ltd, unveiled its sixth BOI-approved factory in Ambalangoda. The factory manufactures children’s wear jerseys including school uniforms targeting only the international market. Stylish Garments is an exporter of jersey knit and light woven apparel products.
The latest project, which is a USD 3.5 million investment, will generate 500 employment opportunities. The products are slated to be exported to the UK and Europe.
The agreement in this regard was signed recently at the BOI Head Office in the presence of BOI Director General Renuka M. Weerakone.
BOI Director General Renuka M. Weerakone said, “A project of this nature should be recognised owing to the fact that it depicts the vibrant and vivid expansion of BOI projects, which has now started to reach the rural areas.” “Besides, the new venture will uplift the livelihood of the people living in the Ambalangoda area plus become a crucial source of bringing dollars to the country in a situation where the country is in dire need of dollars,” she said. Founder and incumbent Chairman of the Stylish Garments (Pvt) Ltd Leelaratne Hattanarachchi said that he was determined to launch new projects irrespective of present challenges because such new projects would bring dollars to the country.
“That’s the very reason why I started operations at this new factory to take advantage of this crisis for ourselves,” he said.