The project to export Sri Lankan king coconuts (Thambili) for Rs. 2000 per fruit has been initiated, Minister of Agriculture Mahinda Amaraweera announced.
The minister made the announcement while participating in the event held to inaugurate the second king coconut cultivation village near Raluwa village in Murutawela.
The move comes following the establishment of the first king coconut cultivation village in lower Murutawela last year.
It is expected to plant nearly 10,000 king coconut plants covering both the cultivation villages.
Minister Amaraweera revealed that having exported nearly 252,000 king coconuts to the UAE weekly, the industry generated an income of Rs. 2 billion in 2022.
He further said that king coconuts are sold for between Rs. 1500 and Rs. 2000 in Gulf countries, including the UAE.
Stating that there was no competition from any country in the world for Sri Lankan king coconuts, the minister said that now the competition was between Sri Lankan businessmen. (NewsWire)
