The factory is aimed at providing 2000 direct and indirect employment opportunities to youth in the Galle district, former Ceylon Fisheries Corporation Chairman and National Aquaculture Development Authority Chairman, Jude Fernando told the Daily News.
The main objective of the project is to save foreign exchange spent on the import of canned fish and to supply high quality, hygienic canned fish to local consumers, he said.
The total investment on the project is $50 million and it will be met by a world renowned New Zealand company, Spirit Wind. The company has agreed to supply 15 per cent of the total production to the Ceylon Fisheries Corporation and this will be distributed islandwide through a local marketing company.
Fisheries and Aquatic Resources Ministry statistics reveal an average Rs 4,000 million is spent annually on importing canned fish to the country.
Canned Fish Factory To Open
SRI LANKA - Construction has begun on a canned fish factory in Akmeemana.
