Chinese firms are destroying SL's fishing industry
The Business Guardian|January 27, 2023
Chinese joint venture company Gui Lan (Pvt) Ltd, which exports sea urchins and sea cucumbers is destroying the Sri Lankan fishing community, reported Colombo Gazette.
Chinese firms are destroying SL's fishing industry

About 3,200 smallscale fishing families have been seriously affected by the creation of sea leech farms in Kowtharimunai in Pooneryin by the Chinese company, losing their livelihoods during an ongoing economic crisis in the country. According to the chief of the Pasaiyoor Fishermen Federation P Mathan, the establishment of this new nursery has led to acres of sea lands being fenced off for sea cucumber harvesting, shutting out the traditional fishermen who harvest prawns for a living.

Notably, Gui Lan joint venture has failed to secure a permit from the National Aquaculture Development Authority of Sri Lanka (NAQDA) for its new nursery, reported Colombo Gazette.

This story is from the January 27, 2023 edition of The Business Guardian.

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This story is from the January 27, 2023 edition of The Business Guardian.

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