Thursday, April 10, 2014

Sri Lanka to double income from ornamental fish exports by 2016

Colombo Page - 10/04/2014


Sri Lanka has earned over Rs 1.2 billion last year from exporting ornamental fish and measures will be taken to double this income by 2016, the Fisheries and Aquatic Resources Development Ministry says.

Sri Lanka's ornamental fish production had produced over 46,000 metric tons in 2009 and this amount has increased to nearly 70,000 metric tons last year, placing Sri Lanka in the third place in exporting ornamental fishes, according to the Ministry.

Sri Lanka earned an income of Rs. 750 million in 2005 from the ornamental fish industry and this income has increased to Rs. 1.212 billion last year.

The Ministry expects to earn Rs. 2 billion from the industry in the next two years.

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