Sri Lanka's Ministry of Fisheries and Aquatics Resources Development plans to launch 138 projects under the sea leech cultivation project in March, The Morning Business learns.
Minister of State Fisheries and Aquatics Resources Kanchana Wijesekera further plans to establish a sea leech cultivation and a mangrove replanting project.
Demand for Sri Lankan sea urchins in the international market is growing and is currently yielding a major portion by exporting to China.
According to the Fisheries and Aquatics Resources Development Ministry, the project aims to popularise the formal Sea Leeches farming in Sri Lanka with a view to delivering foreign exchange earnings to the fishermen community and to the national economy.
Convention on International Trade in Endangered Species (CITES) has pointed out that there is a necessity to identify sea areas and coastal areas for development, provide technical assistance, identify beneficiaries, and select investors.
Export income earned by fish exports in the last year is Rs 1.2 billion, and it is expected to be increased up to 1.3 billion by 2020 and 5 billion by 2030.
138 sea leech cultivation projects to launch in 2021
19 Mar 2021
138 sea leech cultivation projects to launch in 2021
19 Mar 2021