BOI to work with Al Obaidani Apparel management for continuity of operations in Sri Lanka

The Board of Investment (BOI) strongly condemns the recent incident which occurred at the Al Obaidani apparel factory at Katana.

From the time of the incident, active communication has been established with respective law enforcement agencies to ensure the security and well-being of the Omani investors and factory premises. An impartial investigation is underway to inquire into the incident and action will be taken based on the findings.

Whilst the company has suspended its operations temporarily, necessary arrangements are being made to provide an alternative site for the company to continue its operations uninterruptedly.

BOI wishes to acknowledge the contribution made by Al Obaidani Apparel Company which has carried the “Made in Sri Lanka” brand to the world, secured much-needed dollars for the country, and employed hundreds of employees for over 07 years of operations in Sri Lanka.

As the agency that facilitates investors and investments, the BOI continues to stand by its investors throughout their investment lifecycle providing continuous assistance for investment projects.