- Last Update 2025-06-09 16:47:00
New Sea Cucumber Processing factory in Sri Lanka
The Board of Investment of Sri Lanka (BOI) has signed an agreement with Suganth Seafood (Pvt) Ltd to set up a Sea Cucumber processing factory for the export market.
The agreement was signed on behalf of BOI by Susantha Ratnayake, Chairman of the Board and on behalf of Suganth Seafood (Pvt) Ltd by Suganthaseelan Aravinthan, its Managing Director, the BOI said in a media release.
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 a state-of-the-art factory which will be established in the Jaffna Peninsula. Mr. Suganthaseelan said. He said that “we focus on strict adherence 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 said.
Above - Susantha Ratnayake, Chairman Board of Investment (left) formally presents the Certificate of Registration to Suganthaseelan Aravinthan, Managing Director Suganth Seafood (Pvt) Ltd.
-
Still No Comments Posted.
- May 31, 2025 - 497 - 0
Flt Lt Kasun Cumaratunga , more than a pilot, a guardian remembered on his 37th death anniversary
Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
- June 2, 2025 - 464 - 0
National Tax week launched
The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
- June 2, 2025 - 372 - 0
SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.
- June 3, 2025 - 213 - 0
Krishanthi Kumaraswami convicts FR dismissed by SC
The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.
- June 6, 2025 - 213 - 0
SriLankan flight grounded in Indonesia
A SriLankan airlines flight has been grounded in an airport in Indonesia due to a technical defect leaving 93 passengers stranded, an official said.
Related Articles
Service of Commissioner General of Prisons suspended
- 09/06/2025 - 10 - 0
Mahindananda files appeal over 20 year conviction
- 09/06/2025 - 35 - 0
President to focus on trade and investment during visit to Germany
- 09/06/2025 - 21 - 0
Leave Comments