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.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
All Ceylon Makkal Congress MP Ali Sabri Raheem had been arrested by Kalpitiya police after he surrendered to the police today morning.
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
Auspicious times widely followed by candidates keeping with traditions will be taken into consideration by the Election Commission in fixing the date and time for the conduct on the Presidential polls.
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