Al Obadani agrees to continue operations in SL

Saturday, 13 May 2023 00:21 - - {{hitsCtrl.values.hits}}

Investment Promotion State Minister Dilum Amunugama with Obadani Apparels Company Managing Director Kalfan Al Obadani

Investment Promotion State Minister Dilum Amunugama chairs meeting with investor, BOI officials
Apologises on behalf of Govt. and people for inconvenience investor endured
Discloses March attack was not isolated incident, but company had faced many situations during eight-year operations in SL
Reveals BOI official also involved in alleged attack, internal investigation ongoing
Company is to be relocated closer to BIA to facilitate investor operations

The Omani investor of Obadani Apparels Company in Katana has reached an agreement with the Government to continue its garment manufacturing and export operations in Sri Lanka.

Al Obadani...

The agreement was reached following a meeting held with Investment Promotion Sate Minister Dilum Amunugama, Board of Investment Director-General Renuka Weerakone Obadani Apparels Company Managing Director Kalfan Al Obadani and company management representative Yasir Lahir along with several other senior officials from the BOI.

The State Minister apologised on behalf of both the Government and the people for the inconvenience that a foreign investor had to endure.

Noting that Obadani Apparels are being exported by air, Amunugama said they consider relocating the factory to provide the necessary facilities closer to Bandaranaike International Airport in Katunayake, from its current location in Katana.

He also disclosed that this incident was not an isolated incident and the company had faced such situations for the past eight years of its operations in Sri Lanka.

Amunugama claimed that as per initial investigations, authorities have found that an official of the BOI is also involved in the alleged incident and internal investigations have already begun.

The State Minister assured that following the completion of the internal investigation, the case will be handed over to the CID.