India, Israel plan to invest jointly in the agriculture sector

India and Israel are planning to invest jointly in the development of the agriculture sector in Sri Lanka.

The Sri Lankan agriculture Ministry has initiated this move to establish the centres of excellence in Agriculture in Sri Lanka in collaboration with Israel’s Agency for International Development Cooperation.

According to an informed source, Israel will provide technical assistance by sharing knowledge and agro technologies.  India has agreed to provide financial support to Sri Lanka, the source said.

The Agricultural Ministry has identified five locations – Horana, Seetha-Eliya, Mahailluppallama, Angunukolapelessa and Gannoruwa – for the development of cultivation of fruits, potato, non-rice cereals, legumes and oil crops. Besides, there is a proposal for establishing a horticulture research and development institute.

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