Sunday Times (Sri Lanka)

Home appliances from Hambantota Port Industrial Park in 12 months

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The Hambantota Internatio­nal Port Group ( HIPG) has moved into top gear to accelerate the progress of its industrial park, combining the latest concept “HIPG Speed” into the port’s “standard operating procedures” (SOP).

HIPG with its partner Shenzhen Xinji Group with whom they recently signed an agreement will introduce the “Plug and Play” concept soon and “HIPG Speed” will play a vital part in its progress, the company said in a media release

Xinji Group’s Chairman Yang Lin said: “Our modern standardis­ed factory set up will be ready to roll out the production of home appliances within a span of 12 months. The concept is to act as an incubator to support more enterprise­s, who will have a simplified entry into the Hambantota Industrial Park.’’

With a view to fast tracking the project’s progress, HIPG has extended investor support services in tandem with the relevant government department­s to better facilitate Xinji. They extended support in the areas of completing the project applicatio­n and related registrati­on work, preferenti­al policies etc for Xinji who were unable to be in Sri Lanka because of the global health risk. “This approach on our “ease of doing business” at HIPG can assist any project investment to push through during a pandemic or normal times.

“HIPG Speed is a concept which ensures that we facilitate our customers with optimum support, clearing the path for them to start operations, which includes cutting through red tape, constructi­on bottleneck­s, logistics support, on-site exploratio­ns, equipment preparatio­n, training, etc. In the case of the Xinji project, we took only 20 days from completion of the project signing to commence the site constructi­on,” says Tim Xiao, Senior General Manager - Port Investment Services, Legal and Corporate Affairs of HIPG.

Once complete, the Xinji "Electronic Processing Park” will be the platform for them to independen­tly carry out production and trading of household appliances. Through its constructi­on, leasing and operation of standardis­ed workshops, it will provide “one-stop service” facilities for upstream and downstream supporting enterprise­s in the park, while continuing to strengthen their cooperatio­n with HIPG in multiple business verticals.

“We are on the verge of entering a new stage in port developmen­t through our industrial park located within the perimeters of HIP. Whilst our port operation on the water’s edge is rapidly moving towards completion, which will soon make HIP a multi-purpose port, we are now creating a streamline­d industrial park that will complement our sophistica­ted port operations. This will open doors of opportunit­y for Sri Lanka, firstly, across South Asia and then to the world at large,” says Johnson Liu, CEO of HIPG.

 ??  ?? Constructi­on of the Industrial facility begins at Hambantota Port.
Constructi­on of the Industrial facility begins at Hambantota Port.

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