Italian company invests on manufacturing plant

The latest BOI Company to open under the 300 Enterprise Program is the garment manufacturing plant of Benji Ltd., constructed at Bingiriya, Chilaw a spokesman for the company said.

Dott. Sandro Veronesi, President of Calzedonia Spa, an Italian company opened the factory on Tuesday. Benji's decision to open five manufacturing plants in Sri Lanka is proof of their confidence in the island's investment climate. The latest factory is at Bingiriya.

Minister of Enterprise Development and Investment Promotion Dr. Sarath Amunugama, was the Chief Guest at the opening ceremony.

The investment on this project is Rs. 1.75 Billion and it has generated 2,000 jobs. Benji Ltd will play an important role in creating new opportunities for the people of Bingiriya. The factory is part of the 300 Enterprises Program, which is a progressive scheme of the Government to provide employment and other economic benefits to the less favoured areas. It is an integral part of the Mahinda Chinthana program of the Government. Benji's products will be exported to European and North American markets under world renowned brand names such as Calzedonia, Intimissimi and Tezenis and other reputed brands.