📈 FTZ Operations Near-Full Capacity Post-Cyclone, BOI Confirms

• The Board of Investment (BOI) confirms Free Trade Zones (FTZs) have resumed near-full operations following Cyclone Ditwah, with the overall impact kept to a minimum. • Only the Thulhiriya zone and a single factory in the Polgahawela zone reported notable damage. • BOI teams worked swiftly to restore essential electricity and water supply, ensuring quick resumption of factory operations. • While overall worker attendance has dropped due to persistent logistical challenges (e.g., partially submerged roads), factory operations themselves have largely not been halted. • Companies are utilizing flexible arrangements, including work-from-home (WFH) where feasible, to maintain business continuity amidst the access difficulties. • BOI continues close monitoring as factories address remaining logistical hurdles.