Bairaha, together with Crysbro, is engaged in a Rs 800 million venture, to meet the working capital requirements of its feed mill located at Gampola.
With the current purchasing levels of consumers, the industry is capable of producing all local requirements of chicken meat and eggs. Chicken meat and eggs becoming relatively cheap compared to other animal products have thus made these products the most consumed animal protein sources in the average Sri Lankan diets.
Chicken meat and eggs are available throughout the country, in supermarket chains in the main cities up to small retail shops in rural areas. Current per capita availability of chicken meat and eggs estimated to be 4.8 kg and 57 eggs respectively.
The broiler industry is mostly integrated and employment opportunities are provided through contract grower system. Branded chicken is marketed through 15 large and medium scale broiler processors.
Manufacture of value added products have become a lucrative industry with export potential. Already four (04) broiler processors and five (05) further processing companies have obtained certification under internationally accepted HACCP system.
Two (02) local grand-parent farms produce around 70% of country's requirements of parent birds. Quality poultry feed are produced by local feed manufactures and two multinational companies are also engaged in the feed business in the country. However, around 85% of feed raw material requirements are currently being imported. With the ever-increasing world market prices of raw materials, and possible shortage in the global market due to conversion of maize into 'bio – fuel', the Livestock Ministry together with the Ministry of Agriculture and the Central Bank of Sri Lanka has taken steps to develop and expand maize cultivation in Sri Lanka. The government imposed a 20 percent cess in April 2005 on the imported maize to influence a better producer price for maize growers. There is a greater interest now by the private sector in maize growing using contract farmers and this will soon have a positive effect on the poultry sector. (PGA)
The two chicken producers operate a feed mill in Gampola under the umbrella Fortune Agro Industries (Pvt.) Ltd. Bairaha in this connection has raised Rs 400 million from Amana Bank and Fortune the balance, from MCB Bank.
Fortune is a Rs 1.65 billion investment between the two poultry giants. It was set-up two years ago. The other poultry giant in the country is Prima, a Singapore based conglomerate. From being a back-yard type of an industry, poultry industry of Sri Lanka has developed into a commercial industry over the past three decades.
In early 1950s the government of Sri Lanka launched a programme to upgrade local indigenous poultry population in the country. Since then, this sector has shown a phenomenal growth, most prominently in the broiler sector, mainly due to active participation of the private sector. The industry today is in the hands of the private sector; the role of the State being confined mostly for implementation of poultry health management programmes, research and policy development for further consolidation of the industry.
About 70% of the contribution to livestock sub-sector in Sri Lanka comes from chicken meat and eggs.
Fortune is a Rs 1.65 billion investment between the two poultry giants. It was set-up two years ago. The other poultry giant in the country is Prima, a Singapore based conglomerate. From being a back-yard type of an industry, poultry industry of Sri Lanka has developed into a commercial industry over the past three decades.
In early 1950s the government of Sri Lanka launched a programme to upgrade local indigenous poultry population in the country. Since then, this sector has shown a phenomenal growth, most prominently in the broiler sector, mainly due to active participation of the private sector. The industry today is in the hands of the private sector; the role of the State being confined mostly for implementation of poultry health management programmes, research and policy development for further consolidation of the industry.
About 70% of the contribution to livestock sub-sector in Sri Lanka comes from chicken meat and eggs.
With the current purchasing levels of consumers, the industry is capable of producing all local requirements of chicken meat and eggs. Chicken meat and eggs becoming relatively cheap compared to other animal products have thus made these products the most consumed animal protein sources in the average Sri Lankan diets.
Chicken meat and eggs are available throughout the country, in supermarket chains in the main cities up to small retail shops in rural areas. Current per capita availability of chicken meat and eggs estimated to be 4.8 kg and 57 eggs respectively.
The broiler industry is mostly integrated and employment opportunities are provided through contract grower system. Branded chicken is marketed through 15 large and medium scale broiler processors.
Manufacture of value added products have become a lucrative industry with export potential. Already four (04) broiler processors and five (05) further processing companies have obtained certification under internationally accepted HACCP system.
Two (02) local grand-parent farms produce around 70% of country's requirements of parent birds. Quality poultry feed are produced by local feed manufactures and two multinational companies are also engaged in the feed business in the country. However, around 85% of feed raw material requirements are currently being imported. With the ever-increasing world market prices of raw materials, and possible shortage in the global market due to conversion of maize into 'bio – fuel', the Livestock Ministry together with the Ministry of Agriculture and the Central Bank of Sri Lanka has taken steps to develop and expand maize cultivation in Sri Lanka. The government imposed a 20 percent cess in April 2005 on the imported maize to influence a better producer price for maize growers. There is a greater interest now by the private sector in maize growing using contract farmers and this will soon have a positive effect on the poultry sector. (PGA)
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