Plug and play ‘park in park’ manufacturing facility to be built within Hambantota Port’s industrial zone

The Hambantota International Port Group (HIPG) has partnered with Shenzhen Xinji Group to set up a plug and play ‘Park in park’ manufacturing facility within the port’s industrial zone. The concept is a fully fledged stand alone industrial facility with some very unique features, set to operate within the Hambantota International Port’s Industrial zone.  The signing of the joint venture agreement between the Xinji Group and HIPG took place on 11th June at Hambantota Maritime Center with key officials of both organisations in attendance. 

Johnson Liu, CEO of HIPG says the new venture will be in line with HIP’s master plan of the port.  “The Shenzhen Xinji Group’s offering will position both the industrial park and Sri Lanka as an attractive destination for manufacturers who do not wish to go through the hassle of setting up factories but would rather use readymade services and hit the ground running, with no delays in production.”

“This concept is unique because our’s is a plug play formula where all the facilities for an investor are supplied by us, right down to clearing red tape, infrastructure hurdles and even human resources needed for a smooth running business.   It would be a great plus for light industry manufacturers and traders who wish to come and set up in Sri Lanka with a view to finding markets in South Asia,” says Yang Lin, Chairman of Shenzhen Xinji Group, which has been operating in Sri Lanka in both construction and manufacturing, since 2013.

The new facility will be built on a 9000 square meter area within the industrial zone, and the “Park in Park” model would be attractive to investors as it would reduce investment costs.  Potential investors would be able to avail themselves of direct “check in” services, which will help speed up production time.  The base infrastructure provided by Xinji would be a boon to enterprises entering the park as economic benefits to them would be many.

The US $ 16 million high tech industrial facility will provide “one-stop” services for light industries. Xinji’s experience in auxiliary material procurement and trade sales will provide procurement support for upstream enterprises and sales support for downstream enterprises in the park.