Business

Sri Lanka’s Planters’ Association Celebrates 170 Years of Service to the Plantation Industry

Sri Lanka’s Planters’ Association (PA), representing the managers of the island’s commercial farms growing tea, rubber, coconut, and palm oil, is celebrating its 170th anniversary this year.

Founded in 1854, the PA is one of Sri Lanka’s oldest institutions, dedicated to representing and safeguarding the interests of the plantation sector. Known for producing Pure Ceylon Tea, the industry also includes key crops such as rubber, coconut, spices, and palm oil. It plays a crucial role as one of the country’s largest foreign exchange earners and provides employment to approximately 125,000 individuals in Regional Plantations.

The PA will mark its 170th year with its annual general meeting on Saturday, September 14, at 7 pm at the Galadari Hotel in Colombo. During this event, the Chairman and Executive Committee for the 2024/2025 term will be appointed.

Since the privatization of the industry in 1992, significant transformations have occurred, including crop diversification and increased operational efficiency. The privatized management has reduced the government’s financial burden and contributed positively to the economy. Looking ahead, the Association aims to further enhance productivity and diversification within the industry.