Access to invest in agri and livestock

Monday, 23 November 2020 03:47 - - {{hitsCtrl.values.hits}}

Chairman says investment done in national interest to boost local food security
Livestock project likely to be done with foreign partnership
Investment in Mahaweli land

Access Engineering Chairman Sumal Perera

Access Group will be expanding by investing in agriculture and livestock industries, Access Engineering Chairman Sumal Perera said last week as part of efforts to bolster Sri Lanka’s food security.

Speaking at the Budget 2021 Forum, organised by Daily FT and the Colombo University MBA Alumni Association, Perera acknowledged that many countries were refocusing on food security, following vulnerabilities created by COVID-19 and that he, too, felt that it was an important endeavour.

“Food security has become a national priority, and as responsible corporates, we must respond. We have already embarked on investing in some Mahaweli land, and we hope to invest in a livestock project with international investment. We may also consider a possible investment in fisheries,” he said at the event.

Perera conceded there was less profit in agricultural and livestock sectors but insisted that he considered it a “national investment”, needed for Sri Lanka’s development.

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