Polestar Lanka Garments invests $5.08M in Sri Lanka, to create 679 jobs

Polestar (Lanka) Garments Ltd, a subsidiary of China’s Lianfa Group, has signed an agreement with the Board of Investment (BOI) to invest $5.08 million in a new export-oriented garment manufacturing facility.

Lianfa, a publicly listed company with a $1 billion turnover and 60 years of textile industry experience, will establish the plant to produce garments for international markets. The project is expected to generate 679 employment opportunities in Sri Lanka.