Sri Lankan government sets up Bamboo Timber Training and Development Center
The government of Sri Lanka last month set up the Bamboo Timber Training and Development Center that was declared open on December 21, 2020 at the Laksala premises in Katubedda by Sri Lanka’s Minister of Industries Wimal Weerawansa.
The Bamboo Timber Training and Development Center was established with the sponsorship of the United Nations Industrial Development Organization (UNIDO) by the Industrial Development Board (IDB) with the objective of strengthening the Industry Chain Line associated with bamboo, local media reports stated.
The main objectives of this center are to popularise growing bamboo, introducing products made with bamboo timber, export development and providing services associated with bamboo, the Daily News has stated.The Minister has observed the relevant procedure and creations made using bamboo timber.UNIDO has provided technical equipment for this training center worth US$ 100,000.
The Center is due to provide training required for those engaged in bamboo timber businesses and new businessmen, manufacturers using bamboo timber, industrialists and state organizations. It will also act as a training center and a center for supplying key information to universities and users and will act to provide the market recognition required.
The Centre is further expected to provide a venue that could establish international agreements, publications and other information associated with products that are made out of bamboo.
OSL take:
The government of Sri Lanka is committed to developing local industries and expanding its market to foreign markets. The many trade agreements as well as trade concessions enjoyed by the country will definitely help promote local products. It’s an emerging export market that could bring in good yield to potential investors. Foreign businesses/investors could therefore look at forming partnerships/joint ventures that could engage in the manufacture and export of local arts and crafts to foreign markets.
| Article Code : | VBS/AT/20210106/Z_4 |