HNB, Hayleys partner to boost agricultural growth via mechanization
Daily FT: HNB PLC has entered into a strategic partnership with Hayleys Agriculture Holdings Ltd. to expand leasing solutions for modern agricultural machinery across Sri Lanka.
Through this partnership, HNB will support farmers and agribusinesses in acquiring tractors, combine harvesters, and other essential agricultural equipment marketed under the globally reputed Kubota and Agrotech brands.
The partnership focuses on improving access to a wide range of agricultural machinery, including the Kubota L4508 Tractor, E-Kubota EK3 471 4WD Tractor, and E-Kubota EK3 501 2WD Tractor under the tractor category. The Combine Harvester range includes the Kubota DC 93G and DC 70G models, alongside the Agrotech 110 Pro. The portfolio is further complemented by machinery such as the Kubota K15 Plus Power Tiller, Agrotech Belt Tractor, and Agrotech Rice Milling Machine.
HNB Senior Executive Vice President and Chief Operating Officer Sanjay Wijemanne, said: “This partnership highlights our long-term commitment to strengthening Sri Lanka’s agricultural community and supporting the wider economy. By improving access to advanced machinery through practical leasing solutions, we are enabling farmers to enhance productivity, strengthen resilience, and invest with confidence. As the agricultural sector grows, communities gain greater stability and opportunity, contributing directly to the progress of the national economy”.
This initiative comes at a pivotal time for Sri Lanka’s agricultural sector, where improved efficiency, productivity, and mechanisation are essential to supporting national food security and sustainable agricultural development. By combining HNB’s financial expertise with Hayleys Agriculture’s industry leadership, the partnership aims to empower farmers and agribusinesses with access to reliable, advanced, and productivity – enhancing mechanisation solutions.
Hayleys Agriculture Holdings Managing Director Jayanthi Dharmasena said: “Our collaboration with HNB represents a significant step in expanding access to globally recognised agricultural machinery across Sri Lanka. Through the integration of reliable financing and high-quality technology, we aim to empower farmers and agribusinesses with the tools required to enhance efficiency, elevate productivity, and support sustainable growth”.
With its strong legacy in financial services, HNB continues to advance economic progress, while Hayleys Agriculture Holdings Ltd brings deep expertise in delivering innovative agricultural solutions. Together, the two institutions are setting a new benchmark for agricultural financing and mechanisation in Sri Lanka.
OSL take:
Sri Lanka’s agriculture sector is emerging as a promising space for foreign investment, supported by rising mechanisation, modernisation efforts, and stronger financial and leasing ecosystems. Strategic initiatives such as the partnership between HNB PLC and Hayleys Agriculture Holdings Ltd. reflect the sector’s shift toward productivity-driven growth, enabling wider access to modern agricultural machinery across farming communities. For foreign businesses/investors, this transition opens business/investment opportunities in agri-tech, precision farming, irrigation systems, supply chain infrastructure, and machinery distribution networks. The growing demand for high-efficiency equipment, such as tractors and combine harvesters from globally recognised brands like Kubota, signals a market that is steadily moving toward scale, efficiency, and export competitiveness. As Sri Lanka strengthens its food security and agricultural productivity goals, the sector presents a compelling space for long-term, sustainable investment.
| Article Code : | VBS/AT/20260615Z_2 |