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Jaffna to get US $1.2 mn sea cucumber processing plant

16 September 2020 01:40 pm - 3     - {{hitsCtrl.values.hits}}

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BOI Chairman Susantha Ratnayake (left) presneting the Certificate of Registration to Suganth Seafood Managing Director Suganthaseelan Arvinthan


Sri Lanka will see the setting up of a sea cucumber processing plant in Jaffna with the Board of Investment (BOI) having inked an agreement with a local entity.
The plant which will be operated by Suganth Seafood (Pvt) Ltd will process the marine animal for export market. Sea cucumbers are of high demand in China and the Southeast Asian region.
The project will kick-off with an initial investment of US $ 1.2 million and will facilitate the processing of sea cucumbers from farming to the drying stage in a state-of-the-art factory.
As sea cucumbers are harvested mostly in the North and East sea belt, the facility will be established in the Jaffna peninsula.
Sharing insights on the upcoming project, Suganth Seafood Managing Director Suganthaseelan Arvinthan said the the facility will strictly adhere to the government norms, eco-conscious methodologies, transparent business practices, and on time delivery. 
"The company intends to expand the business gradually thus providing more job opportunities to the local communities and enhancing their livelihood," he added.

 


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  Comments - 3

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  • Do No Harm Wednesday, 16 September 2020 09:54 PM

    Suganth, please do not participate in destroying fragile marine eco-system of North and East. The only beneficiaries will be the middle men and ones who eat anything on the plate, alive or not. Easy to destroy not recover. Where is Environmental Law? Is this environmentally sustainable? Just think for a moment.

    Sangaralingham Thursday, 17 September 2020 10:17 AM

    Sea cucumber.never heard of it that being sold in jaffna

    Arinesarajah. Shakthevale Thursday, 17 September 2020 07:36 PM

    Very good achievement . Congratulations


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