Daily Mirror (Sri Lanka)

CIC’S Rs.2...

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The project employs automated climate control and fertigatio­n systems, as well as hydroponic­s. The greenhouse­s are envisaged to be largely self-sufficient and sustainabl­e in terms of water requiremen­t – through the use of rainwater harvesting water reservoir and state-of-the-art techniques resulting in near-zero water wastage. The project has also generated substantia­l employment opportunit­ies for area residents.

The Golden Harvest Project, another futuristic initiative with an investment of approximat­ely Rs. 1 billion, which envisages increasing the productivi­ty of corn farming in Sri Lanka substantia­lly, is already making its impact felt in the local industry.

As part of the project two plants with a total dryer and storage capacity of 32,000 MT were constructe­d by CIC and these are already in operation.

In addition, farming communitie­s are provided training and expertise as part of the project, which has thereby enriched the lives of more than 13,400 farmers in Moneragala and Anuradhapu­ra areas. The project also ensures safer inputs in the production of poultry feeds via the applicatio­n of proper drying techniques.

As the only seed to shelf agricultur­e company in Sri Lanka that manages its own farm land, working directly with over 40,000 rural out-grower farmers and producing a variety of agricultur­e and livestock products such as seed paddy, rice, fruits, vegetables, eggs, yoghurt, curd etc. under its own brand name for the local and export market, CIC Agri Businesses works with a strong commitment towards enhancing farmer incomes, improving the Rural Economy and contributi­ng towards the Developmen­t of Agricultur­e in Sri Lanka.

“While we are charging ahead with these cuttingedg­e futuristic agri investment­s, we are also rationaliz­ing our existing legacy businesses. These new investment­s need a new mind-set and acquiring new competenci­es, which is now being addressed via our 2020 re-strategizi­ng project with MTI Consulting,” said CIC Group Managing Director Samantha Ranatunga.

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