Swiss Investor to Pump Rs 900m in Dairy Farm

SRI LANKA - A Swiss investor is planning to put up one of South Asia’s most tech-savvy dairy farms in Ambewela with an investment of Rs 900 million.
calendar icon 30 December 2016
clock icon 1 minute read

The project was initially planned for 2014 and the investor S. Isiyah along with his Sri Lankan partner S. Venden based in Switzerland visited Sri Lanka to earmark a 200 acre land for the dairy farm. However a Minister in the previous government had wanted 15 per cent of the investment for his ‘development fund’ and the Swedish investor gave up his plans and went back.

The Sri Lanka investor after the change of government once again convinced the Swiss investor to come back to Sri Lanka with his investment for which he agreed.

The project would be in two stages and under the first stage 150 acres of special grass would be grown and 200 milch cows would be imported. Subsequently fresh milk would be sold to Sri Lankan companies in the first three month of operation. This would provide employment for over 150.

A unique feature of the dairy would be that all the cows would be fitted with a GPS devise in their ear and their milking patterns and whereabouts would be monitored in both Switzerland and Sri Lanka via GPS technology. The cows would be milked twice a day ensuring high production.

High tech machinery would also be used to store and transport fresh milk.

Source: Daily News

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