Coconut industry to thrive
Ramani Kangaraarachchi
COLOMBO: The Plantation Industries Ministry will invest Rs. 48,475
million to increase coconut production to meet the demand of 3,800
million nuts by 2016, Plantation Development Project Director Raja
Premadasa said.
The coconut industry provides livelihood for nearly five million
people in the production, processing and marketing sectors and it is
grown in 394,836 hectares which is equivalent to 20 per cent of
cultivable lands in the country.
The National Plantation Industry Policy has identified five main
potentials in the industry and has prepared a policy mix to enhance the
productivity, profitability and sustainability.
Around 70 per cent of the production is consumed locally as the
second main component of daily food recipe accounting for 22 per cent of
the daily caloric requirement of an average Sri Lankan.
Coconut cultivation occupies 20 per cent of the cultivable land and
there is a potential for increasing the land extent as initialised lands
are available in non traditional areas. Coconut based products have
demand in the international market with ample prospects for diverse
products from coconut kernel, coir, shell, and other parts of the palm
and value addition.
Coconut is regarded as one of the most valuable tree crops in the
world because of its multitude of uses and thereby the opportunities for
increasing the incomes of rural farmers and their families where all
family members can engage in coconut related income generating
activities. |