 Mou: Mahindra & Mahindra Group singed an Mou with the BoI to build an IT park in Katunayake. The Agreement was signed by Minister of Enterprise Development and Investment Promotion, Dr Sarath Amunugama, , and Vice Chairman of Mahindra & Mahindra. Arun Nanda. Also present at the event and exchanging documents were the Indian State Minister of Commerce, Jairam Ramesh, who is on an official visit to Sri Lanka, and Minister of Investment Promotion Navin Dissanayake, and senior officials of the Indian High Commission and the Board of Investment of Sri Lanka. | ||||||||||
Friday, 6 July 2007
Managing Director of the Sumithra Group of Companies Jaffar A. Sattar, briefs Minister of Investment Promotion, Navin Dissanayake during the Minister’s visit to the factory. The factory is part of the BOI 300 Enterprise Programme and will provide employment for 600 from the Hasalaka and Mahiyangana areas. New garment factory opened in Kotmale 
Navin Dissanayake, Ministry of Investment, Promotion inspects the new facilities at the Star Garments factory at Kotmale. He is accompanied by Mr. Sukumaran, Managing Director of Star garments is also in the pictureStar Garments, a leading manufacturer of garments, opened a new factory in Kotmale on 23rd June 2007. The new facility was opened by Hon. Navin Dissanayake, Minister of Investment Promotion, who was accompanied by several senior BOI officials. The Minister visited the new facility and was briefed on the processes used by the company in the manufacture of garments by Mr. A. Sukumaran, Managing Director of Star Garments.
Minister Navin Dissanayake also addressed the management and staff of the factory on the importance of their sector to the Sri Lankan economy, stating that the garments industry must continue to maintain high standards to meet the challenges of international competition.
Star Garments is a well-established BOI company, which has been a pioneer investor. Its first plant was set up in 1978 in the BOI’s Katunayake Export Processing Zone.
Star Garments is owned by Multi National, USA and has a presence in New York, Hong Kong, London and China. It is not just a major manufacturer of garments but also an important employer with a staff of 10,000 workers in seven factories spread across the width and breadth of Sri Lanka.
The new factory that has been completed is a Nipayun Sri Lanka project, which is an integral part of the Mahinda Chintana Programme.
Saturday, 31 October 2009
Don Carolis opens new factory
 Investment Promotion Minister Navin Dissanayake inspects the wood planing machine at the new factory complex. |
This factory falls under the Nipayum Sri Lanka 300 Enterprise Program.
The 300 Enterprises Program launched by the Board of Investment of Sri Lanka reflects this new vision. Ninety five (95) new manufacturing ventures from diversified sectors have been opened to date under this program with 325 projects approved and another 214 agreements were signed.
It is the aim of the Mahinda Chintanaya to set up new industrial ventures as a project to create new employment opportunities.
