< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 3 sources · 3 days · First seen · Last updated

Coconut industry revitalization in St. Vincent and Sri Lanka

Overview

Efforts to revitalize coconut industries have been reported in St. Vincent and the Grenadines and Sri Lanka. In St. Vincent and the Grenadines, a technical training mission led by the Food and Agriculture Organization (FAO) was initiated to modernize production, nursery management, and pest control.

In Sri Lanka, the government launched the ‘Ceylon King Coconut Village’ national program. This initiative aims to establish 250 specialized villages by 2028 to transform the country into a global export hub. The program involves planting 212,500 new seedlings, rehabilitating 221,500 existing trees, and developing processing facilities in each village. The project seeks to empower approximately 21,250 farmers and increase annual coconut harvests by 25 million nuts, with a goal of raising export earnings to over USD 12 million by 2030.

Entities

Coconut Cultivation Board · Sri Lanka · Samantha Vidyaratna · Coconut Development Authority · Food and Agriculture Organization

Timeline

  1. 9 days ago

    [BUSINESS] 2 sources
    Sri Lanka launches program to establish 250 king coconut villages

    Sri Lanka launched a national program to establish 250 king coconut villages by 2028, aiming to boost rural incomes and expand coconut exports to meet growing global demand.

  2. 11 days ago

    [BUSINESS] 2 sources
    Coconut industries undergo revitalization efforts in St. Vincent and Sri Lanka

    St. Vincent and the Grenadines is implementing FAO-led training to modernize its coconut industry, while Sri Lanka launches a program to establish 250 King Coconut villages to boost exports and employment.

Sources

lankanewsweb.net · newswire.lk · stvincenttimes.com