Hayleys Agro to invest in East
Hayleys Agro Products Ltd, (HAPL), a subsidiary of Hayleys Group
together with the National Agri Business Council will work with Eastern
Province farmer communities to promote agriculture in the region,
Hayleys Group Director Rizvi Zaheed said.
Talking to the Daily News Business he said that they are planning to
expand their agriculture business in the Eastern Province with the
establishing of normalcy. They are exploring and assessing investment
opportunities in the Eastern Province focusing on the agriculture
He said as the agriculture productivity level is very low in the
Eastern Province the company intends to promote a spate of activities of
agriculture crop protection, education of fertilizer use for farmers and
setting up bio technology labs in the area.
Zaheed said that they have already started a pilot project to
introduce better value-added crops in the forthcoming Yala season in
certain farm lands in the Eastern Province and if that proves to be
successful they will introduce the entire concept to the whole of the
"The company was in physically present in the Eastern Province for a
very long time and returning to the normalcy is an impetus for us to
invest in the agriculture business in the area," Heyleys Consumers
Director/Chief Executive Officer Trevor Reckerman said.
Paddy farmers at work.
They also will train the local farmers to use bio-technology to
produce high yielding other crops such as banana, pineapple,
strawberries and other crops for the domestic market.
He said their products range from crop protection chemicals,
insecticides, fungicides and weedicides to vegetable seeds, seed paddy
and seed potatoes, fertiliser, agri-equipment including sprayers,
tractors, combine harvesters and threshers; micro irrigation systems and
animal health products including antibiotics, biological feed additives
and veterinary pharmaceuticals.
Marketed under a one-stop concept, the company's products are widely
available in over 90 per cent of agricultural outlets in the country, he
"We could sustain peace and harmony in the Eastrn region as most of
the farmers are undergoing difficulty in selling their produce and low
productivity in agriculture lands," he said.
A major new area of involvement for Hayleys is the use of
biotechnology for the local production of early generation seed potato,
a project that will bring significant savings in foreign exchange and
improve yields and quality.
"This early generation planting material is expected to provide 10 to
15 per cent higher yields than the traditional late generation seed
potato imported mainly from Europe and is less susceptible to pests and