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BoI steps in to boost local ornamental fish sector

MEETING: The Chairman/Director General of the Board of Investment Dhammika Perera held a meeting with exporters in the local ornamental fish sector to discuss ways to further enhance the local ornamental fish sector recently.


CHAIR: Chairman/Director General of the Board of Investment Dhammika Perera chairing the meeting.

Several leading exporters and representatives from various associations related to the sector were present. During the meeting, the BOI made a presentation to highlight features of the local sector’s current positioning in the global arena.

Currently the number of regular exporters ranges between 35-40 and Sri Lanka’s contribution to the global demand ornamental fish stands at 3%. The total value of ornamental fish exports was recorded as US$ 8.5 million in 2006.

The United States remains Sri Lanka’s largest export market for ornamental fish and among the other countries are the United Kingdom, Japan, Germany, France and Italy.

The Chairman requested exporters to present comprehensive details of the problems faced by them so that he could negotiate with the relevant ministries/organisations and resolve the issues.

The Chairman suggested setting up a special zone in Puttalam and thereby promoting the ornamental fish sector as well as other related industries such as breeding tortoises, frogs and water plants.

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