Global demand for Agarwood on the rise

The global demand for Agarwood is worth around US$ 6-8 billion with rapid growth foreseen in the future.

Resinous Agarwood is extracted from Aquilaria trees and its fragrance is widely used in world class perfumes, traditional medicine, incense, aroma therapy and cosmetics.

Sadaharitha Plantation Ltd, one of Sri Lanka's leading commercial forestry companies, has the honour of being the pioneer of intelligent forestry investments and offers Agarwood investor plans.

"Sadaharitha is the foremost company that introduced Agarwood as a commercial forestry investment," said Chairman, Sadaharitha Plantations Ltd, Sathis Navarathne.

They firmly believe it is their duty to warn prospective investors of unscrupulous people who promise rich dividends through Agarwood investments.

Several companies have begun to emerge including small nurseries offering plants and seeds with the promise of producing Agarwood.