Sri Lankan boat manufacturers are seeing an increase in demand for pleasure, commercial and fishing boats following the International Boat and Fisheries Exhibition 2016 that was held at Dickowita Fishery Harbor in October last year.
According to the Ministry of Fisheries and Aquatic Resources Development, the country is tipped to receive an income of Rs. 20 billion by exporting Sri Lankan made fishing vessels to European countries including the UK, Norway, Sweden, the Netherlands and France.
Sri Lanka, the cradle of the global rubber revolution and one of the eleven natural rubber growing countries in the world, only holds the tenth position among the eleven members of the Association of Natural Rubber Producing Countries (ANRPC) mainly due to the low production and yield of natural rubber.
Due to the low yield in Sri Lankan rubber plantations and to the rising amounts of domestic consumption, Sri Lanka’s rubber exports have diminished from 120,900 metric tons in 1980 to a mere 16,300 metric tons in 2014, as per the statistics provided by the Rubber Research Institute of Sri Lanka.
It’s no secret that Sri Lanka’s abundance of Coconut plantations is a significant source of export earnings and employment generation in that it gives rise to a number of industries from Coconut flour to desiccate to activated carbon to coir grow bags and everything in between. While it’s not as common as Coconut oil, desiccate & activated carbon exports, Coconut substrate based growing media are a lucrative exports industry. The industry has created an economic value for Coco peat, a byproduct of coir manufacturing industry, which had long been held as deleterious in terms of the fertility of land.
Foremost among these growing media are coir grow bags, a product extensively used in greenhouses...