The allegations made by certain elements that apparel companies are being closed down is baseless.
Minister Basil Rajapaksa said that it is clear due to the fact that more and more companies are being opened. He said that employment will be provided for thousands of youths in the newly opened companies. The Minister said that the second quarter of 2010 has achieved a development rate of 8.5 compared to the last year. This is a significant development rate as the other western countries are experiencing minus rates. He said that such a progress is evident only in a limited number of countries. He expressed these views at the inauguration of the Trendywear Garment Factory at Adhikaragama in Kandy. The factory was built at the cost of 350 million rupees. It provides employment for several thousands of youths. Minister C.B. Ratnayake also participated in the occasion.