Marking over 45 years of development cooperation between Sri Lanka and France, The French government has agreed to extend development assistance to Sri Lanka to the tune of Euro 13.9 million (approximately LKR 2,514 million) via a concessional loan. The loan will be uitilised for the development of 'Six Mini Dairies' Project.
The Ministry of Finance in a statement further said that the proposed project will include complete modernization of the pre-selected sixmini dairy cooperative societies and organizations by establishing state of the art equipment chains to produce pasteurized milk and sterilized milk at a capacity of 4,500 liters per day.
Caption: Secretary to the Ministry of Finance and Mass Media, Dr. R. H. S. Samaratunga signed the relevant Protocol Agreement on behalf of the Government of Sri Lanka and Mrs. Isabelle MISCOT, Chargé d’affaires of the Embassy of France in Sri Lanka, signed the relevant agreement on behalf of the Government of French Republic.
The high quality equipment will allow stable, homogenized and high quality products with computerized monitoring. In addition, technical assistance will also be extended to dairy farmers in order to improve the breeding process by a French non-profitable entity and to carry-out a proper market survey on the dairy sector of Sri Lanka.
It is also expected that, this initiative will support the government’s ambitious target of achieving self-sufficiency in dairy production by 2020 and to contribute to closing the gap between demand for dairy and local supply.
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