Govt seeks investors for Milch cow farms

By Ifham Nizam

The government has decided to invite local business community to join hands with MILCO and invest in mega-commercial milch cow farms with herds of over a hundred having a guaranteed market for their milk, Chairman of MILCO Sunil Wicremasinghe said yesterday

Asked whether the offer was open to foreign investors, Wickremasighe said the answer was a ‘definite yes’. "We will not reject any good offer from investors from milk producing countries like Australia or New Zeeland. We could go for a public-private partnership," he said.

The Mega commercial farms, with about 2,000-head of milch cows on an average could form a nucleus for some of the 55,000 or more small farmers within a 50 km radius and provide the small holders with artificial insemination facilities and animal feed.

Currently, the country produces around 375,000 litres of fresh milk per day and MILCO purchases 185,000 litres of it to produce ice cream, cheese, yoghurt, butter, ghee, pasteurised milk, etc.

The National Livestock Development Board has imported 2,000 milch cows from Australia to improve the local stock through interbreeding.

animated gif
Processing Request
Please Wait...