Sri Lanka mulling dedicated Agro Export Zones with PPP

Sri Lanka wants to set up dedicated Agro Export Zones (AEZ). "We want to establish more AEZs dedicated for export of crops. I am looking at establishing them with private sector participation" said Industry and Commerce Rishad Bathiudeen.

Minister Bathiudeen was addressing a meeting of Industry and minister Ministry's Department heads, held at the Ministry premises, Colombo 3 on November 29.

The AEZ concept was introduced in the 2009 budget speech by President Mahinda Rajapaksa with Rs.500 million allocation to the Sri Lanka Export Development Board (EDB). The zones were proposed to be set up in agricultural districts in Sri Lanka. The first dedicated Agri Export Zone was opened in the Bingiriya electorate based on identification by EDB that Kurunegala region has potential for foliage production for exports. The two acre Bingiriya zone was also assisted by the Korean International Cooperation Organisation (KOICA) and was commenced in February 2009.

"The zones will be facilitated by the Industry and Commerce Ministry focusing on Private Public Partnership" Minister Bathiudeen revealed.

To showcase the Bingiriya Zone's production and to celebrate its second anniversary, a flower festival "Bingiriya Mal Wasantaya 2011" was also successfully held by EDB at the project site in May this year.