BOI signs agreement with Global Advanced Recycling Lanka

Tuesday, 5 July 2016 00:33 -     - {{hitsCtrl.values.hits}}

The Board of Investment of Sri Lanka signed an agreement with Global Advanced Recycling Lanka Ltd. to manufacturers of ‘GREENORG’ Quality Certified Organic Fertiliser projects, representing at an investment of $ 141-350+ million. This project will also generate employment opportunities as it will create more than 760 jobs in the country. The project will be located on Walpita, Divulapitiya.

The agreement was signed by Chairman Upul Jayasooriya on behalf of the Board of Investment of Sri Lanka and Global Advanced Recycling Lanka Ltd. Chairman/Managing Director CEO Fred JC Elias.

The primary objective of Global Advanced Recycling Lanka Ltd. is to produce quality certified organic fertiliser that will protect Mother Earth by replenishing and rejuvenating depleted soil conditions making it fertile. 

BUP_DFTDFT-2-06BoI Chairman Upul Jayasooriya (right) shakes hands with Global Advanced Recycling Lanka Ltd. Chairman/Managing Director CEO Fred JC Elias after signing the agreement

 



Global Advanced Recycling Lanka Ltd. will manufacture the organic fertiliser in Sri Lanka under the trade name ‘GREENORG’ which is custom made and precisely formulated to end user requirements meeting even to the most depleted soil conditions. 

GREENORG Organic Fertiliser carries all of the essential nutrients and the required trace elements (N) nitrogen, (P) phosphorus, and (K) potassium that are needed for healthy plant growth. These nutrients and trace elements enhance the plant’s own immune system to protect itself from harmful pest and diseases which will eradicate the use of pesticides and insecticides that is so damaging and harmful to our soil, plants, humans and all other living things. 

Fred Elias said that GREENORG Certified Organic Fertiliser has certain qualities such as slow nitrogen release, multiple forms – granules, tea-sized and micro-sized powder, pellets or liquid – free of pathogens and weed seed, fresh smell, not re-odorising when wet, long shelf life, stability which makes it suitable for inside retail sale and being non-hazardous to humans and animals - proved by a guaranteed analysis by an international authority. 

GREENORG Fertiliser will be produced in pellets and water-soluble granules and also in liquid form. It is free of seeds, harmful weeds and toxic materials, pathogen and odour. 

These are commercially viable fertilisers for large scale horticulture, cropping and intensive agriculture. It has been proved to be highly effective in the field once blended and spread effectively. 

Global Advanced Recycling Lanka Ltd. will make available their product in a number of overseas markets, when in full flow is expected to bring in a large amount of export earnings to Sri Lanka while providing employment in a state of the art manufacturing facility along with the latest technical knowhow and development opportunities to the suitably talented Sri Lankan youth. 

Global Advanced Recycling Lanka Ltd. in keeping with the words spoken by the late President John F. Kennedy in 1961 at his inauguration speech: ‘Ask not what your country can do for you, but, what you can do for country’, said, “We at Global Advanced Recycling Lanka Ltd. have taken this pledge upon ourselves to change the face and pace of the farming community and protecting Mother Earth.”

 

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