Aloe Vera to be cultivated in over 100000 acres allocated land

Author - Editor
Aloe Vera to be cultivated in over 100000 acres allocated land

The Cabinet has approved a proposal to provide lands on long-term lease basis to Aura Lanka Herbals Limited to implement a Herbal Medicine Products Project which will use the Aloe Vera plant for export.

The project titled ‘Dry Zone Rural Economic Development Aloe Vera Project’ will see the company operating a Herbal Medicine manufacturing industry using the Aloe Vera plant for export under the organic farming system in the Anuradhapura District.

Under this project, Aloe Vera roots, tubers, gel and external parts of leaves are expected to be used to make high-energy drinks, pills, ointments, inhalers and hair oils.

The total investment of the project is US$ 783 million and the investor has planned to invest US$ 300 million as the capital investment.

It is expected to set up nurseries for the production of Aloe Vera seedlings in 2000 acres in the Rajanganaya and Nochchiyagama Divisional Secretariat Divisions and 102,000 acres in the Anuradhapura District. The lands will be used for the cultivation of Aloe Vera using the plants produced by those nurseries under the said project.