Projects to develop garments, printing and cosmetics
The Board of Investment of Sri Lanka (BoI) granted investment
approval to Janet Lanka, Hirdaramani International Export and E A
Graphics Lanka to commence operations on new projects. Dhammika Perera,
Chairman/Director General signed the agreement on behalf of the BoI and
formally presented the BoI Certificate of Registrations to the
Investors.
Janet Lanka (Private) Limited signed an agreement to manufacture
herbal and ayurvedic, health and beauty care products. The venture is an
investment of Rs 77 million sponsored by Janet Cosmetics and Janet
Ayurvedics. The cosmetic products will be available in Sri Lanka and
will also be exported to international markets.
The production plant located at Panadura will provide employment for
200 will commence Commercial operations immediately. Directors of Janet
Lanka Shiwantha Dias and Ms. Charmaine de Alwis signed the agreement on
behalf of the company. Dhammika Perera, Chairman / Director General
formally presented the BoI Certificate of Registration to Ms. Janet
Balasuriya, Chairperson. Hirdaramani International Export (Private)
Limited signed an agreement to set up a garment export trading house at
the premises of Hirdaramani Garments Limited at the Katunayake Export
Processing Zone.
The venture is an investment of US $ 575,000 sponsored by Hirdaramani
Group of Companies. The venture will purchase products from local
manufactures and export to the markets in the European Union and United
States.
The venture will provide employment for 50 and commercial operations
will commence immediately. Directors Janak Hirdaramani and Vinod
Hirdaramani signed the agreement on behalf of the company. EA Graphics
Lanka (Private) Limited signed an agreement to undertake printing
services for the local market.
The venture is an investment of Rs. 44 million sponsored by Indian
investors. The venture will provide employment for 50 and is in the
process of establishing the infrastructure for the project.
The company expects to commence commercial operations within one
year. EA Graphics Lanka (Pvt) Limited, is an integrated offset printing
press that caters to its customers as a one-stop facility offering
end-to-end offset printing solutions in Prepress, Printing, Finishing
and Binding.
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