BOI approves aquaculture project in Chilaw

Senura Aquaculture Lanka (Pvt) Ltd, signed an agreement with the Board of Investment (BOI) to set up a fish farm in Chilaw. The company will invest US$100 million to develop 1,000 acres of lagoon land (private land) in the Chilaw area.

Senura Aquaculture has teamed up with AR Aquaculture Ltd, an Israel company, to launch this project will be a state-of-the-art fish farm managed by a team of Sri Lankan and Israeli fisheries and aquaculture experts.

Under the agreement the company will build an office complex with conference hall facilities, a hatchery complex, fish breeding units, laboratory facilities and fish and prawn cultivation ponds.

The project is being studied as a role model by many State universities and research centres to build knowledge in the science of aquaculture.

It is supported by institutions such as the Ministry of Fisheries, National Aquatic Resources Research and Development Agency (NARA) and National Aquaculture Development Authority of Sri Lanka (NAQDA).

Dr. Senaka de Silva and foreign investor, Director, Mickey Michaly, Shelly Schreter represented Senuara Aquaculture Company and Dr. Lakshman Jayaweera represented the BOI at the event.