Sri Lanka’s export economy has been facing challenges in recent years from intense international competition and lack of investment, especially foreign direct investment. As a result, the government is stepping up its commitment to support exports, especially from industrial small and medium-sized enterprises.
Sri Lanka has a long history of developing economic zones, including export processing zones (EPZs), industrial parks (IPs), industrial estates, and special economic zones (SEZs). These areas are considered vital for attracting investment and building industry. Sri Lanka currently has 10 EPZs and two IPs throughout the country. They offer a...
Industry in Sri Lanka has developed over the years by taking the high road. In part driven by necessity, the country has tended to avoid low-margin, high-volume production in favour of value addition and customisation. The result has been solid demand for its goods and a strong international reputation. Meanwhile, investment in infrastructure has improved the operating environment, reforms are...
As the government continues its expansive reform agenda with Vision 2025, Sri Lanka’s economy is expected to record moderate improvements in 2018.
With a track record of employment creation outside the capital and strong export figures, textile manufacturing has long been a significant part of the national economy. A combination of competitive labour costs, well-trained human resources and proximity to European markets has made Tunisia a preferred destination for clothing manufacturers....
While prospects for Tunisian retail are improving, the sector has faced challenges in shifting online. Mostly due to online payment limitations, but also to a certain degree of mistrust of online purchases, Tunisia’s e-commerce market remains underdeveloped. Recent state intervention and the rise of e-commerce start-ups have helped to improve...
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