Lankapage Logo CP 21 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* BOI signs agreement to set up a sea cucumber processing factory in Jaffna
Wed, Sep 16, 2020, 11:30 am SL Time, ColomboPage News Desk, Sri Lanka.

Sept 16, Colombo: The Board of Investment of Sri Lanka has signed an agreement with Suganth Seafood (Pvt) Ltd to set up a Sea Cucumber processing factory for export market.

Susantha Ratnayake, Chairman of the Board of Investment signed the agreement on behalf of BOI and Suganthaseelan Aravinthan Managing Director of Suganth Seafood (Pvt) Ltd signed on behalf of the company.

Susantha Ratnayake, Chairman Board of Investment formally presents the Certificate of Registration to Suganthaseelan Arvinthan , Managing Director Suganth Seafood

The project, with an initial investment of US$ 1.2 million will be set up in Jaffna.

The product Sea Cucumber is harvested mainly in the North and East sea belt by specially trained divers in the seabed and processed to required dried stage in the State-of-the-Art factory which will be established in the Jaffna Peninsula.

Suganthaseelan, Managing Director said that “We focus on strict adherence to the Government norms, Eco- conscious methodologies, transparent business practices and on time delivery.”

He further stated that the company intends to expand the business gradually thus providing more job opportunities to the local communities and enhancing their livelihood.


ColomboPage - Recent 10 Stories ::
Sri Lanka Coast Guard seizes Rs. 4 million worth turmeric stock smuggled in Chilaw
-- [34 minutes ago]
LAUGFS Terminals complex at Hambanthota Port celebrates 100th ship call
-- [53 minutes ago]
Sri Lanka’s Colombo Stock Exchange goes fully digital
-- [1 hour and 13 minutes ago]
33,000 kilos of illegally imported turmeric seized
-- [2 hours ago]
President criticizes both public and private sectors for slow pace of work
-- [3 hours ago]
2021 Draft Appropriation Bill in second week of October
Sri Lanka Manufacturing and Services sectors continue expansion in August 2020
Minimum age of employment to be raised to 16 years
The President and the Cabinet will accept the responsibility of the 20th Amendment
Captain of fire-stricken oil tanker summoned to appear in Sri Lankan court

Copyright © 2000, 2020 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, 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, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.