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- Operations
- Integrated Tea Development Project
Integrated Tea Development Project
Sri Lanka
Borrower | Sri Lanka |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Agriculture |
Approved | 30.10.1980 |
Signed | 27.01.1981 |
Status | Completed |
Loan Administrator | ADB |
Executing Agency | Janatha Estate Development Board & Tea Small Holding Development Authority |
Co-financiers | ADB, Government |
OPEC Fund Contribution (US$m) | 5.00 |
Total Project Cost (US$m) | 36.70 |
The project comprises the rehabilitation of 19 public estates in the Badulla District covering 7,380 ha; construction of three tea processing factories and provision of related support services for smallholders in Galle District. The project is part of a 5-Year Government Program to revitalize the tea sector, the country's most important source of foreign exchange.
The project will increase the productivity of existing tea plantations and factories and improve the quality of made tea. It will also help promote closer socio-economic links between the tea estate sector, which mostly employs immigrant labor, and the surrounding areas, by attracting indigenous villages to work on the plantations.