Corporate NewsAgriculture, Plantations & Fisheries

PPP Model Revives Hingurana Sugar Factory Into Regional Agri-Hub 📊

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• Overview: A landmark Public-Private Partnership (PPP) formed in 2007 between the Government of Sri Lanka (51% stake) and private partners Browns & LOLC (49% stake) successfully turned around the dormant Hingurana Sugar Factory, transforming it into a thriving multi-product enterprise. • Operations & Expansion: The operation has expanded beyond sugar production into ethanol, power generation, and bio-fertiliser, now cultivating approximately 8,500 hectares of land using modern, computerized processing systems. • Socio-Economic Impact: • Provides direct employment to ~1,300 people and engages ~8,000 farmers in cultivation partnerships, benefiting over 30,000 individuals regionally. • Rebuilt critical rural infrastructure, including irrigation canals, drainage systems, and road networks. • Macro Context: Strengthening domestic sugar production reduces Sri Lanka's reliance on imports, helping conserve vital foreign exchange and easing pressure on the national balance of payments.

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