Home / Business/ Global Seafoods, BOI sign agreement to process Wakame seaweed

Global Seafoods, BOI sign agreement to process Wakame seaweed

Comments / {{hitsCtrl.values.hits}} Views / Thursday, 23 May 2019 03:17



BOI Chairman Mangala Yapa with Global Seafoods Director Radhika Subasinghe, Secretary to the Company Chandani Weragala, and Group General Manager Parakrama Weerasinghe


  • New product added to Sri Lanka’s export basket


The Board of Investment of Sri Lanka signed a supplementary Agreement with Global Seafoods Ltd. on 17 May, to process Wakame seaweed for export in their existing factory complex. The Agreement was signed on behalf of the BOI by Board Chairman Mangala Yapa and by Global Seafoods Director Radhika Subasinghe, and Chandani Weragala signed on behalf of Nexia Corporate Consultants, secretaries to the company. Also present was Group General Manager Parakrama Weerasinghe. 

Parakrama Weerasinghe stated: “Wakame is a seaweed found in the Pacific Ocean, which we will be importing from Japan, processing, and re-exporting to Japan. It is used for Japanese cuisine, especially soups, and some other dishes. It is the first time that this product is processed in Sri Lanka so Global Seafoods is very proud to be a pioneer in this field.”

He added: “Global Seafoods Ltd. started its operation in 1999 and is engaged in the processing and exporting of frozen and fresh fish globally. Our main markets are Europe and the USA. We also process sashimi-grade salmon products in Sri Lanka to be exported to Japan. That also is a new product for Sri Lanka’s export basket, which we introduced about 2 years ago. Earlier this particular salmon processing was done in Vietnam, but we were able to persuade our buyers to process it from Sri Lanka.

“We can therefore proudly say that Global Seafoods has introduced new fisheries and seafood products to Sri Lanka’s export basket.”

Global Seafoods is a company that employs more than 250 staff and supports the local fishing industry by purchasing the bulk of its raw material from local fishermen. 

Share This Article

Facebook Twitter


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Poson ponderings on positional power: ‘Authority vested’ vs. ‘authority wasted’

Monday, 17 June 2019

We witnessed a serene Poson Poya, in a far more improved security setting in Sri Lanka. Whilst the Sri Lankan life slowly returning to normal, political fronts do not appear to show the same. Has the political power become the people ‘pava’ (sin)

Emperors without clothes: Is Mother Lanka naked too?

Monday, 17 June 2019

The expression ‘The Emperor without clothes’ derives from the Hans Anderson tale that is based on Sufi wisdom. The Emperor in Anderson’s story was without doubt, the finest dressed man in the land and he loved wearing fine clothes and spent al

The confusion of the collision is becoming indescribable!

Monday, 17 June 2019

Strange are the things we are witnessing in the political scene. The fast-evaporating trust and confidence in politicians and the Government are seriously destroying the harmony of the nation. The Prime Minister of the country has admitted that the

Inculcate moral values in children: A change we need

Monday, 17 June 2019

We commemorated World Women’s Day on 8 March and the theme for this year was ‘Think Equal, Build Smart, Innovate for Change’. One of the initiatives taken by the Government to commemorate World Women’s Day was the introduction of separate com

Columnists More