Saturday, March 25, 2023

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SL’s largest organic fertilizer production facility expands with Korean aid

Leading Korean Organic and Bio Company has expanded its largest organic fertilizer manufacturing plant in Pannala.

Korean Envoy Santhush Woonjin Jeong on Monday attended the inauguration ceremony of a Korean company in Sri Lanka, Hyosung Organic and Bio’s (Hyosung ONB) New Expansion Fertilizer Plant in Pannala.

To mark this remarkable occasion, Agriculture Minister Mahinda Amaraweera, State Minister of Agriculture Mohan Priyadarshana de Silva, Ministry of Agriculture Secretary Gunadasa Samarasinghe and Hyosung ONB Representative Moon Hyun Park, were present among other dignitaries.

At the inauguration ceremony, Korean Ambassador Santhush Woonjin Jeong congratulated on the new expansion fertilizer plant of Hyosung ONB and commended its contribution to the development of the agricultural sector in Sri Lanka.

“This is a great example of Korea’s state-of-the-art technology being used to realize Sri Lanka’s potential with its rich human capital.

The world is making environmentally conscious choices and the agricultural standards are set to produce chemical-free, sustainable food products.

Investment in innovation and technology is vital to transforming the agricultural sector.

“This plant uses fully automated state-of-the-art technology as well as a process and packaging system for an uninterrupted supply of organic fertilizer.

As Sri Lanka’s largest organic fertilizer manufacturing plant, I am sure that it will support the Sri Lankan people and its economy in achieving a future free of chemicals and a healthier nation.

“The Korean Government is now encouraging Korean companies to promote exports and investment cooperation with other countries including Sri Lanka by establishing and promoting a Task Force led by the President of Korea.”

Agriculture Minister Mahinda Amaraweera appreciated the efforts by Korean companies to uplift the Sri Lankan agricultural sector by establishing the first and biggest organic fertilizer manufacturing plant in Sri Lanka.

This invaluable investment will not only help the farmers to reap successful results but also strengthen the bilateral economic engagement.

Minister Amaraweera also commended the Korean Government’s development cooperation with Sri Lanka and the immeasurable support given to uplift the agriculture industry.

Hyosung ONB Representative Moon Hyun Park stated: “This plant in Sri Lanka is fully automated like the plant in Korea and the production capacity is 200 MT per day.

Many countries including Sri Lanka are recognizing the importance of switching from chemical fertilizers to organic fertilizers and are showing interest in organic fertilizers.

“The organic fertilizer subsidy system introduced by the Sri Lankan Government helped us immensely. I am hoping to reinvest all profits from fertilizer to develop the agricultural industry in Sri Lanka.”

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