Oct 16, Colombo: EML Consultants (Pvt) Ltd., a leading environmental consultancy service provider company in Sri Lanka is entrusted to conduct the first national industry survey project on Sri Lanka's rubber industry.
Announcing the launching of the first ever national rubber industry survey Minister of Industry and Commerce Rishad Bathiyutheen said his Ministry is looking at creating high end rubber testing lab facilities that the industry needs.
"All of this will contribute to Rubber Masterplan which looks to generate US$ 4 billion rubber exports by 2022," the Minister said.
The EMC Consultants has recently signed a project agreement with the Ministry to conduct the survey on Sri Lanka's rubber industry, the country's third largest export commodity.
The first survey will evaluate rubber industry's production, factories, employee numbers, and labor issues and will be completed at a minimal cost of US$ 22700 (Rs 3 million).
The company has previously partnered with the Ministry of Industry and Commerce on Environment Impact Assessments (EIAs) with regard to creation of industrial zones under the Ministry.
According to the Managing Director and CEO of EMLC, the company has also partnered with the government on Kalpitiya Dutch Bay Resort Development Project.
Since its start in 1993, EMLC has secured more than 500 project proposals, local as well as foreign and successfully implemented these projects. During last three years EML Consultants (Pvt.) Ltd has implemented about 150 projects.
Sri Lanka is the world's seventh largest natural rubber producing country. Sri Lanka's rubber products made according to international standards are exported to markets in Europe and USA.
In 2011 the total rubber production (raw rubber and value added) generated over US$ 1.1 Billion in terms of revenue. Rubber and rubber products also accounted for 10.4% of the total exports of the country, becoming third largest export category only below tea and exports leader, apparel.
Value added Rubber accounted for 80% total rubber exports. Rubber coverage in Sri Lanka is about 125,000 Hectares of land and the annual production exceeds 153,000 tons.