Sri Lanka to expand agriculture industry through promotion of home gardening
Sri Lanka’s Co-Cabinet Spokesperson, Minister Bandula Gunawardena has reportedly stated that the government of Sri Lanka plans to expand the agriculture industry and introduce home gardening all parts of the country.
The Minister has also told the media that more efforts would be taken in the medium term to resolve issues that the agriculture and livestock industries had faced.
However, Gunawardena has noted that the government’s decision would not mean that imports could be stopped completely and that the Sri Lankan economy was a complex one.
Meanwhile, Co-Cabinet Spokesperson, Minister Ramesh Pathirana has noted that the government would launch a drive to grow vegetables in a bid to produce as much of the local requirement as possible.
“The main objective is in the near future to build a strong domestic agriculture and strong domestic industries,” he has said.
The Minister has noted that the domestic agriculture would be encouraged as many countries may restrict food exports in the near future.
Sri Lanka’s Agriculture Minister Chamal Rajapaksa is to launch a vegetable cultivation drive to grow kollu, undu, red onion, turmeric and also utilise unused lands in the country for the purpose.
OSL take:
Sri Lankan authorities are focused on developing and promoting the local agriculture industry with the aim of meeting the local demand of agriculture goods. Foreign agriculture companies could therefore explore business opportunities in providing seeds/technical knowledge required in developing the local agriculture industry. Foreign businesses could also look at partnering with local companies to expand the local business through a profit sharing agreement.
| Article Code : | VBS/AT/20200406/Z_3 |