June 25, Caracol, Haiti: Sri Lankan conglomerate specializing in manufacturing of clothing lingerie, MAS Holdings has announced that it will soon open plants in the Caracol Industrial Park (PIC) in Haiti.
At a reception organized by the National Society of Industrial Parks (SONAPI) on Wednesday, the Deputy Chairman of MAS Holdings Sharad Amalean has announced the implantation of plants of the intimate apparel manufacturer in Caracol Industrial Park, Haiti Libre reported.
Philippe Debrosse, Director General of the SONAPI and Nonce Zéphyr, President of the Chamber of Commerce North, have welcomed this investment announcement in Haiti.
A start date of the activities of the MAS Holdings will be announced after the completion of some usual formalities in Haiti.
Almost 5 years after investments and installation of South Korean world leader in textile SAE-A Trading Co at PIC, MAS Holdings with global revenues of US$ 1.2 billion and operations in 15 countries would be the second largest investor in Caracol.