Saturday, 07 June 2014 - 20:11
Africa wakes up to Lanka's 'world class garments'
As Sri Lanka's trade with the African continent topped 322 million, Sri Lanka's world class apparel sector too has garnered the attention of African investors looking to diversify.
An upbeat Ambassador of Egypt to Sri Lanka, Mahamoud Hisham Mohamed Assran says that "Africa's relations with Sri Lanka have been historic, and Sri Lanka's apparels are well known the world over -as well as Ceylon Tea.
He added that today, these two sectors offer great investment potential for African investors to Sri Lanka"
As at the end of last year, 13 Sri Lankan firms have committed to 14 investment projects in 5 countries across the African continent to the tune of 33 million dollars.