FISHERIES AND AQUACULTURE
Smithk Agro is in the process of setting up a shrimp farm in the northern and northeastern provinces of Sri Lanka. We are also exploring the possibility of establishing a crab farm after engaging in discussions with relevant government bodies. Furthermore, we have plans for an ornamental fish farm.
Shrimp Farm
Rationale:
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The northern and northeastern provinces of Sri Lanka offer favorable environmental conditions for shrimp farming, including suitable water quality, temperature, and availability of coastal areas.
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Shrimp farming presents significant economic potential, with increasing global demand for high-quality shrimp products.
Project Details:
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Smithk Agro has conducted extensive feasibility studies and engaged in discussions with local authorities, fisheries departments, and coastal communities. Smithk Agro has conducted extensive feasibility studies a
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The project aims to establish a state-of-the-art shrimp farm that adheres to sustainable practices, ensuring environmental conservation and social responsibility.
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The farm will focus on the cultivation of specific shrimp species with high market value, leveraging advanced farming techniques and efficient management practices.
Diversification Strategy:
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Smithk Agro recognizes the potential of the ornamental fish market, both domestically and internationally, and plans to establish an ornamental fish farm.
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This venture aims to offer a wide range of exotic and indigenous ornamental fish species to meet the growing demand in the pet industry.
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Industry Collaboration:
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Collaborations with research institutions, fish breeders, and industry experts will be pursued to ensure the farm's success.
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The farm will focus on breeding high-quality, disease-free fish and implementing efficient management practices to ensure the health and beauty of the ornamental fish.
Ornamental Fish Farming
Crab Farming Initiative
Exploration Phase:
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Smithk Agro is actively exploring the establishment of a crab farm, recognizing the growing demand for crab products in local and international markets.
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Engagements have been initiated with relevant government bodies, including the Department of Fisheries and Aquatic Resources, to assess regulatory requirements and potential locations for the farm.
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Benefits and Opportunities:
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Crab farming presents a valuable opportunity for income generation and employment in coastal regions, contributing to poverty alleviation and regional economic development.
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By adhering to sustainable practices and responsible farming methods, the farm will support the conservation of crab populations and ensure long-term viability.
