Draft:Bingiriya Export Processing Zone

Submission declined on 17 September 2024 by DoubleGrazing (talk).

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Declined by DoubleGrazing 4 hours ago. Last edited by DoubleGrazing 4 hours ago. Reviewer: Inform author.

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Bingiriya Export Processing Zone

The Bingiriya Export Processing Zone (Bingiriya EPZ) is the largest industrial zone in Sri Lanka, located in the Kurunegala District. The zone was developed by the Board of Investment of Sri Lanka to promote economic growth, increase exports, and generate employment. The zone is part of the government's initiative to establish new industrial zones that enhance the country's export-oriented industrial base and provide significant job opportunities.

History

The development of the Bingiriya EPZ began in 2018, with the first phase inaugurated shortly after. In 2024, the second and third phases were launched, with plans to expand the zone's facilities and improve infrastructure. The Bingiriya EPZ is expected to generate over 75,000 jobs and increase export revenue to over USD 2.6 billion.^[1]

Location

Bingiriya EPZ is situated in the Kurunegala District in the North Western Province of Sri Lanka, strategically positioned to facilitate access to major transportation hubs and export routes. The zone covers approximately 158 acres, with designated areas for different industries.

Industries and Investment

Bingiriya EPZ is home to several industries, including textiles, pharmaceuticals, agriculture, and manufacturing. The zone is designed to attract both local and foreign investors by offering competitive incentives such as tax holidays, duty-free imports, and infrastructure facilities.

Companies in Bingiriya EPZ

Several companies have established operations in the Bingiriya Export Processing Zone, contributing to the zone's diverse industrial landscape. Some of the prominent companies include:

- **Empire Feed Mills** – A major feed production company focusing on providing high-quality feed for the agriculture and livestock industries.^[2] - **Phylochem Pvt Ltd** – A company specializing in the production and extraction of natural products and phytochemicals for pharmaceutical and research applications.^[3] - **Synergy Pharmaceuticals** – A pharmaceutical company involved in the development and production of generic medicines.^[4] - **Shanghai Dongxia Industrial & Commerce Co. Ltd** – A manufacturing company involved in various export-oriented production activities.^[5]

Infrastructure and Facilities

The Bingiriya EPZ is equipped with state-of-the-art infrastructure, including power and water supply systems, waste management facilities, and communication networks. The zone also features green belt areas and offers provisions for further expansion to accommodate future investments.

References

^ "President Chairs Launch of Second and Third Phases of Bingiriya Export Processing Zone Development". PMD. Retrieved 17 September 2024.
^ "Bingiriya Export Processing Zone" (PDF). Board of Investment of Sri Lanka. Retrieved 17 September 2024.
^ "Bingiriya EPZ Layout Plan" (PDF). Board of Investment of Sri Lanka. Retrieved 17 September 2024.
^ "Bingiriya Export Processing Zone" (PDF). Board of Investment of Sri Lanka. Retrieved 17 September 2024.
^ "Bingiriya Export Processing Zone" (PDF). Board of Investment of Sri Lanka. Retrieved 17 September 2024.

Category:Industrial parks in Sri Lanka Category:Export processing zones Category:Economy of Sri Lanka

[1] "President Chairs Launch of Second and Third Phases of Bingiriya Export Processing Zone Development". PMD. Retrieved 17 September 2024.

[2] "Bingiriya Export Processing Zone" (PDF). Board of Investment of Sri Lanka. Retrieved 17 September 2024.

[3] "Bingiriya EPZ Layout Plan" (PDF). Board of Investment of Sri Lanka. Retrieved 17 September 2024.

[4] "Bingiriya Export Processing Zone" (PDF). Board of Investment of Sri Lanka. Retrieved 17 September 2024.

[5] "Bingiriya Export Processing Zone" (PDF). Board of Investment of Sri Lanka. Retrieved 17 September 2024.

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