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
Supporter of Sri Lanka's common opposition candidate removed from provincial council ministerial portfolio
-- [54 minutes ago]
Sri Lanka's Catholic Church urges politicians not to use papal visit for campaigns
-- [1 hour and 9 minutes ago]
Sri Lanka 2015 budget passed in parliament with a majority of 95 votes
-- [1 hour and 37 minutes ago]
Joint military exercise between Sri Lanka and India armies concludes
-- [8 hours ago]
ADB grants US$ 150 million develop green power generation in Sri Lanka
-- [8 hours ago]
Final vote of the budget 2015 in Sri Lanka parliament today
-- [9 hours ago]
Over 73,000 people in Sri Lanka are subjected to modern day slavery, global study finds
-- [9 hours ago]
Common opposition candidate of Sri Lanka pledges to run a disciplined campaign
Sri Lankan President says he will not run a dirty campaign despite having 'files' on defectors
Sri Lanka Navy arrests 14 Tamil Nadu fishermen

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.