The proposal was moved by President Ranil Wickremesinghe in his capacity as the investment promotion minister.
The agreement, to be signed by the Sri Lanka Export Development Board (EDB), is expected to offer significant support from the SECO programme, drive the industry’s shift to sustainable practices and boost its competitive edge globally by integrating advanced digital technologies, according to Sri Lankan media reports.
“The initiative aims to support the transformation of Sri Lanka’s textile and apparel industry towards producing quality green products through the promotion of digitisation,” cabinet co-spokesman and minister Bandula Gunawardena told a media briefing.
Fibre2Fashion News Desk (DS)