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MILCO invests Rs. 1.24 b to purchase milk

Capital invested on livestock development projects has increased from Rs. 36 million to Rs. 89 million, said MILCO, Chairman K. B. Hallarawe.

Speaking at the ceremony to receive the HACCP/ISO 22000 certificate, the most esteemed award for Food


SLSI Chairman: Dr. A. R. L. Wijesekerera, presenting the certificate to MILCO Chairman, K. B. Hallarawe. Picture by Saliya Rupasinghe

Safety Management at Holiday Inn yesterday he said that Rs. 707 million was invested on purchasing milk from livestock farmers in 2003. "This year the amount has increased to Rs. 1.24 billion.

MILCO plans to achieve a millennium development goal of catering to 50 per cent of Sri Lanka's dairy requirements by 2015." The company owns 72 freezer stores and 70 milk collection centers.

This certification will contribute further enhance customer satisfaction and international recognition.

ISO 22000 is compatible with other food management systems that guarantee prevention of food-borne diseases. The company has already obtained ISO 9000 and 9001 quality certifications.

Permanent Secretary Ministry of livestock Development Sunimal Senaratne said MILCO (Pvt.) Ltd plays a commendable role in minimising the national expenditure on milk imports.

Minister Livestock Development, C. B. Rathnayake, said proposals would be made at this year's budget to create a stable market rate for milk.

The workforce stands at over 300 employees and their production capacity is 12 metric tons of powdered milk and 1.2 metric tons of butter per day.

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