Sri Lanka to initiate coconut oil production in the North
Sun, Mar 7, 2010, 09:38 pm SL Time, ColomboPage News Desk, Sri Lanka.
Mar 07, Colombo: Sri Lankan government is planning to set up facilities in the Northern province to produce coconut oil under the Northern development program.
The Coconut Development Authority under the guidance of Minister of Plantation Industries D.M. Jayaratna is to set up 10 large scale coconut oil production facilities in the war-battered region.
The plan aims to uplift the lives of the people in the region including the recently resettled civilians. It is expected to provide direct and indirect employment opportunities for 30,000 families in the North.
Ten plants will be set up in Kilinochchi, Mullaitivu, Alampil, and Palei in the Northern Province with the assistance of private sector at a cost of 30 million rupees, the CDA said.
A team led by the Chairman of the Coconut development Authority Keerthi Sri Weerasinghe has already visited the area to locate the sites.
The plants are expected to produce 20 metric tons of coconut oil daily when the production commences in 2011. The government hopes to export the coconut oil to world markets.