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 does not need a Singapore style management - President
-- [6 hours ago]
Sri Lankan government orders 125,000 motorbikes from Bajaj
-- [6 hours ago]
Sri Lanka opposition presidential candidate pledges to reform country's foreign relations
-- [7 hours ago]
Sri Lanka ranks 89th in Forbes' list of Best Countries for Business
-- [8 hours ago]
Japan deports 26 Sri Lankan asylum seekers
-- [9 hours ago]
Sri Lankan President will not participate in a debate with no facts and figures - Minister
Candlelight vigil in Colombo to commemorate the Peshawar attack victims
SriLankan Airlines takes delivery of second brand new A330-300
Sri Lanka court grants bail to former Army Commander's son-in-law
Sri Lanka opposition candidate releases policy statement amid disruptions

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.