Lanka to set up agro export zones

Sri Lanka wants to set up dedicated Agro Export Zones (AEZ). "We want to establish more AEZs dedicated for export of crops. I am looking at establishing them with private sector participation," said Minister of Industry and Commerce of Sri Lanka Rishad Bathiudeen.

Minister Bathiudeen was addressing a meeting of Department Heads of the Ministry of Industry and Commerce, at the Ministry premises, in Colombo 3.

The AEZ concept was introduced in the 2009 Budget speech by President Mahinda Rajapaksa with Rs.500 million allocation to the Sri Lanka Export Development Board (EDB).

The zones were proposed to be set up in agricultural Districts in Sri Lanka. The first dedicated Agri Export Zone was opened in the Bingiriya electorate based on identification by EDB that Kurunegala region has potential for foliage production for exports. The two-acre Bingiriya zone was also assisted by the Korean International Cooperation Organisation (KOICA) and was commenced in February 2009.

"The zones will be facilitated by the Ministry of Industry and Commerce focusing on Private Public Partnership " Minister Bathiudeen revealed.

A flower festival Bingiriya Mal Wasantaya 2011 was also successfully held by EDB at the project site in May this year to showcase the Bingiriya Zone's production and to celebrate its second anniversary,