Categories: Business

Dambulla gets temperature humidity controlled warehouse

In a bid to minimize the post harvest loss and have better storage facilities for agro based products, ground was broken to construct a 5,000 ton temperature and humidity controlled warehouse in Dambulla Dedicated Economic Center which has the largest Agri Collection Centre in Sri Lanka.
Minister for Economic Reforms and Public Distribution Dr Harsha de Silva, said that this new initiative would help reduce food wastage during excess harvest periods.
The 6-district-wide rice cooperative which was created via the Minister’s public distribution unit with a Rs one billion infusion in a bid to resuscitate SME rice millers, also started selling the ‘Shakthi Samba,’ brand which would offer the farmer a better price.
During the harvesting season, most of the agri products gets a low price due to the oversupply. However, with a temperature and humidity controlled warehouse which is now been built in Dambulla, it would help store Agri products for some time and release it to the market during off seasons. In Sri Lanka, it is estimated that around 40% of the harvest is lost due to lack of vegetable and fruit storing facilities.
“This would transform farmer lives as they would get a better price for their products.”
Understanding the demand for such ventures, the government during the last Budget provides tax concessions for investors in temperature controlled storage facilities, to woo more investments in this area.
India is successfully implementing these types of projects throughout India and as a good will gesture, Prime Minster Narendra Modi has granted Rs 300 million to kick start this project in Dambulla, which is dubbed as the ‘market that never sleeps” due farmers bring their products to sell from all over the country. Even several banks are opened 24 hours per day to felicitate these transitions.
Â

AddThis Website Tools
Lankanewspapers

Recent Posts

LNP – Government to remove Rs. 50 tax on fuel after paying off CPC debt: Minister

LNP – Government to remove Rs. 50 tax on fuel after paying off CPC debt: Minister

The government will remove the Rs. 50 tax on fuel after paying off the total…

20 hours ago
LNP – BOI approves 57 projects, Sri Lanka gets USD 569mn in FDIs in 2025: Dy Minister

LNP – BOI approves 57 projects, Sri Lanka gets USD 569mn in FDIs in 2025: Dy Minister

The Board of Investment (BOI) has approved 57 projects so far this year (2025), according…

20 hours ago
LNP – Ex-LTTE member arrested with T-56 firearm in Peliyagoda

LNP – Ex-LTTE member arrested with T-56 firearm in Peliyagoda

A 30-year-old individual has been arrested in Peliyagoda by the Kiribathgoda Police last evening (21),…

20 hours ago

LNP – Gita Gopinath, No.2 in IMF to quit in August; Successor to be named soon

Gita Gopinath, the second-in-command at the International Monetary Fund (IMF), will step down at the…

20 hours ago

LNP – Travel ban issued on MP Rohitha Abeygunawardena’s daughter and son-in-law

A travel ban has been imposed on the daughter and the son-in-law of New Democratic…

1 day ago

LNP – ASPI records new all-time high

The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) closed at an…

2 days ago