Aug 24, Colombo: All arrangements have been finalized for the opening of the first stage of the Atchchuvely Industrial Estate, the first industrial zone in former war zone in Sri Lanka's Northern Province on August 28.
Economic Development Minister Basil Rajapaksa will open the Atchchuvely Industrial Complex in Jaffna, the first Green Industrial Zone in the country, reconstructed under the Northern Spring (Uthuru Wasanthaya) programme based on the Mahinda Chintana of re-opening industries which had been shut down, the government news portal said.
The park extending over an area of 64 acres was developed in two stages and 24 acres were fully developed under the first stage at a cost of Rs. 200 million. Indian government provided Rs 175 million for infrastructure development in the industrial zone while Sri Lankan government provided Rs. 25 million.
Over eight companies have already commenced construction of factories in the first phase of the industrial park.
The government provided basic facilities to the park including electricity, widened roads, pipe borne water, a drainage system and waste water treatment plant.
The development of the Atchchuvely Industrial Estate in Jaffna is expected to provide direct and indirect employment to more than 10,000 people in the war-torn region.