Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka to increase cinnamon production
Sun, Feb 17, 2013, 11:31 am SL Time, ColomboPage News Desk, Sri Lanka.

Feb 17, Colombo: Sri Lanka's Department of Export Agriculture pans to take measures to step up the production of cinnamon in the country to increases cinnamon exports.

Sri Lanka plans to increase the cinnamon exports to a target of one billion US dollars by 2015, the Sri Lanka Economic Development Board (EDB) says.

Accordingly, cinnamon production facilities are expected to be established in the cinnamon cultivation areas in the country.

Initially a program will commence in the Deniyaya Panilkanda area, the Department said.

According to the EDB Sri Lanka produces 70 percent of cinnamon demand at the world market and exports 85 percent of country's annual cinnamon production, mostly to the USA and Mexico.

Sri Lanka annually produces 16,000 metric tons of cinnamon in about 31,000 hectares of land. Cinnamon trade is the livelihood for 260,000 families in the country.



ColomboPage - Recent 10 Stories
Sri Lanka seeks Interpol assistance on the largest cocaine bust
-- [7 hours ago]
Empty land in Sri Lankan capital to be developed immediately
-- [8 hours ago]
Sri Lanka Appeal Court to take up petition against former LTTE leader on 25th October
-- [9 hours ago]
Colombo pays for Hambantota's debts - Minister Arjuna Ranatunga
-- [9 hours ago]
Germany grants Sri Lanka Euro 13 million for five development projects
Sri Lanka's largest multi-functional Irrigation Project is a personal dream come true for President Sirisena
Thajudeen case: Court to consider former DIG's bail revision application on September 8
Sri Lanka courts order release of 49 Indian fishermen
Sri Lanka woos Chinese firms for $10 billion project
Joint Opposition says the 'Pada Yathra' protest march will be successful

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.