Business

Taprobane Seafoods adds value to shrimp farming in Sri Lanka

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Taprobane Seafoods, Sri Lanka’s largest and most integrated seafood company is gearing up to announce a host of new strategic initiatives. The company is introducing new shrimp services by leveraging on its first-mover status as the pioneer of SPF Vannamei, a shrimp variety that is disease-free and in line with the Government of Sri Lanka’s law of 2021 to ensure only shrimp coming from disease-free broodstock could be farmed in Sri Lanka.

The company owns the only hatchery that brings down broodstock from Hawaii for breeding and has recently been awarded a hatchery on the East Coast by the government. The expansion by the company into shrimp farming will provide more employment opportunities in Sri Lanka, thereby increasing export revenues to develop the national economy.

Adding value for the shrimp farmer, the company launches Taprobane Aqua Services, a one-stop-shop for all aquaculture products and services. The building in Chilaw represents Collaboration, Innovation and Acceleration, showcasing Taprobane’ blueprint to drive a sustainable and eco-friendly shrimp sector through controlled intensification. The benefits to the farmer will be reducing middlemen and paying direct to farmers, thus ensuring good prices; working with the government on policies, regulations and infrastructure (for example, electrification, cannel dredging and roads); helping older generation farmers move more quickly into utilizing new technology; shifting mindsets and onboarding farmers on to new production and platforms; working with the government to change the lingering sentiment that shrimp farming is bad; protecting our environment, and 100% transparency within our sector to ensure human rights are being protected.

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