Saturday, 25 June 2016 09:39

Country hopes to receive Rs. 20,000 m through fishing vessel exports

The international demand for local manufactured fishing boats is now on the increase due to their high quality and good finish, Fisheries and Aquatic Resources Development Minister Mahinda Amaraweera said.

Accordingly, the Fisheries and Aquatic Resources Development Ministry hopes to receive an income of Rs.20,000 million through the export of fishing vessels and the boat’ spare parts.

According to Ministry statistics, Sri Lanka had earned foreign exchange worth over Rs 11,480 million and Rs 11,200 million respectively during the last two years by exporting fishing vessels and boat’ spare parts. With the lifting of EU ban, Sri Lanka will receive more opportunities to export vessels and spare parts this year.

“In addition to fishing boats, we manufacture luxury vessels which can be used for the tourism industry, passenger vessels, high speed vessels, vessels for training and research purposes and boat’ spare parts. These products have a good demand in the international market,”the minister said.

“Sri Lankan manufactured vessels have the highest demand in America, Australia, Norway, Sweden, Orland, France, Iran, Arab, Yeman, Somalia, Gambia, Nigeria, India and Bangladesh”, he added.

Meanwhile, the Fisheries Ministry is making arrangements to hold a Sri Lankan manufactured boats and fisheries exhibition with the aim of increasing international demand for Sri Lankan fishing products and vessels. Accordingly, an exhibition has been planned from October 13 to 15 at the Dikkowita fisheries harbour in collaboration with the Boat Building Technology Improvement Institute, Sri Lanka Export Development Board and Sri Lanaka Development Strategies and International Trade Ministry.

(Daily News)

Latest Business News

Image
There are 32600 listings and 1001 categories in our website