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 aiming for US$ 3 billion rubber industry next decade
Sat, Aug 30, 2014, 01:26 pm SL Time, ColomboPage News Desk, Sri Lanka.

Aug 30, Colombo: As the first ever Global Rubber Confab to be held in Sri Lanka is announced on August 28, the country has positioned its historic rubber industry to be a US$ 3 billion sector.

"We are now aiming at an ambitious $3B rubber industry in the coming decade. To arrive at this US$ 3 billion in a viable manner, it is essential for us to support our rubber farmers," Minister of Industry and Commerce of Sri Lanka Rishad Bathiyutheen said Friday (August 29) in Colombo.

Bathiyutheen said he believes it is time for a long term development plan for this sector as the 2013 rubber exports of US$ 960 million is a 100% increase compared to rubber exports five years ago.

Minister Bathiyutheen was addressing the launch event of Global Rubber Conference 2014 to be held in October in Colombo.

The first Global Rubber Conference (GRC) ever to be held in Sri Lanka is co-organized by the Export Development Board under Minister Bathiyutheen as well as Confexhub, Malaysia.

The three-day international event will be held from 27 to 30 October 2014 at the Cinnamon Grand in Colombo.

Global Rubber Conference 2014 themed "Sowing the Seeds for Sustainable Future" is a leading global conference on rubber sector.

It is held in collaboration with Sri Lanka's Ministry of Industry and Commerce and Ministry of Plantation Industries, to provide rubber and rubber products experts and policy makers, captains of industry and serious investors a platform to converge and meet face to face to discuss a wide spectrum of commercial, R&D developments and 2014-'15 price outlook.

The Conference is Co-organized by the Sri Lanka Export Development Board (SLEBD) and supported by the International Rubber Research Development Board (IRRDB) and over 20 global government agencies and associations.

ColomboPage - Recent 10 Stories
Sri Lanka minister's son and six others granted bail
-- [5 hours ago]
Sri Lanka's ruling party national list MP resigns from parliament
-- [5 hours ago]
Sri Lanka Defense Secretary calls on nations to share intelligence to combat transnational crime
-- [5 hours ago]
Fitch assigns Sri Lanka's Singer's notes 'A-(lka)' final rating
-- [7 hours ago]
Unilever CEO arrives in Sri Lanka on a business visit
-- [7 hours ago]
Sri Lanka Cricket condoles tragic death of Australian batsman Phillip Hughes
Sri Lankan President holds discussions with leaders of SAARC countries
Sri Lanka's left parties to field candidates for the presidential electio
Fielding a common opposition candidate for Sri Lanka presidency is an unprecedented move of solidarity - UNP
Sri Lanka's Western Provincial Council rule firm despite rumors, says Chief Minister

Copyright © 2000, 2014 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.