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Chinese industrialists to invest in aquaculture technology in Sri Lanka

report in EconomyNext, Sept 13, 2023
A fish export association from Fujian Province in China has expressed interest in utilising the surroundings of small-scale coastal ports across Sri Lanka, to process and export aquaculture yields to Europe and North America.

Aquaculture, or farming in water, involves breeding, raising, and harvesting fish, shellfish, and aquatic plants.

The Aquatic Product Wholesale Industry Association of the Fujian Province met with Prime Minister Dinesh Gunawardena and expressed their willingness to set up aquaculture processing and export farms near potential coastal ports across the island.

The association agreed to help the government’s programs to develop small fishing ports in Sri Lanka, in exchange for the facilitation of setting up a preliminary farm.

Association Secretary Huang Jincheng expressed the possibility of leveraging up-to-date technology used in Chinese aquaculture farms, here in Sri Lanka, the Department of Government Information said in a statement.

The technology includes modern multi-day fishing vessels and fish processing equipment.

State Minister of Fisheries Piyal Nishantha, MP Anuradha Jayaratne, Zubu Huang of Wuxi Kaushi Foods Company, Xinxing Huang of Beijing Catering Management and Dongsheng Chen of Ocean Times International Company participated in the discussion.
https://economynext.com/chinese-industrialists-to-invest-in-aquaculture-technology-in-sri-lanka-131146/