From mid-2005 to the present, many large international Clothing Buyers to shift their business out of Sri Lanka, into more cheap manufacturing destination. During this time, in seven provinces to close 75 factories, including 24 factories in the past 6 months to close. The survey was conducted in February 2009, is a private advisory body RoyDawson conducted.
The survey found that many of the major Sri Lankan Clothing Foreign buyers in the past three years, closed their offices in Sri Lanka, their manufacturing orders to other countries.
Procurement office in Sri Lanka Apparel Association registered about 50 major international apparel sourcing units, 12 units in the past three years, closed their offices in Sri Lanka. The major shift procurement office in Singapore, India and Pakistan. Production mainly to India, Bangladesh and Vietnam.
So far, about 20 foreign buyers no longer a stable operation in Sri Lanka. A major reason for their transfer business in Sri Lanka's production costs are relatively high and unstable security situation is also a Print . For example, buyers find it difficult to dispatch technical personnel to local factories for regular factory monitoring, which is at the security concerns.
The survey also found that the seven provinces in the investigation of the 75 garment factories in mid-2005 and 2009, only in the past 6 months, there are 24 factories clo
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