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  • Who is the largest palm oil cultivator in Sri Lanka?
  • With emphasis on innovation and value addition, Watawala Plantations has grown to be recognized as the largest palm oil cultivator in Sri Lanka.
  • Is palm oil a good investment in Sri Lanka?
  • Certainly, the study demonstrates that the palm oil industry in Sri Lanka currently saves approximately USD 17 million annually in foreign exchange outflows and meets around 6% of the domestic edible oil demand. Moreover, it generates employment for over 33,000 individuals and attracts a capital investment of LKR 23 billion.
  • What is the capacity of Nakiyadeniya palm oil mill?
  • It has the capacity to process 55,000 FFB MT per annum and presently produces over 12,000 MT of Crude Palm Oil (CPO), 1,250 MT of Palm kernel oil (PKO) and 2,000 MT of Palm Kernel Cake. With significant investments over the years, Nakiyadeniya Palm Oil Mill has today become one of the leading palm oil mills in Sri Lanka.
  • Will a ban on palm oil affect Sri Lanka's economy?
  • The ban on oil palm cultivation has generated mixed opinions and sparked debates. Some argue it could negatively affect the economy, as palm oil contributes to Sri Lanka’s edible oil requirements. The ban may increase reliance on imports, potentially impacting the country’s trade balance and food security.
  • What is the land allocation for oil palm plantations?
  • Land allocation for oil palm plantations is less than 3% of the total for all plantation crops including tea, rubber and coconut. Oil palms can also only be grown in existing plantations where the cultivation of traditional crops is no longer viable due to soil conditions or disease.
  • How does oil palm cultivation affect the environment?
  • Environmental issues are common to any agricultural land use and are observed in oil palm cultivation. However, the degree of impact varies depending on factors such as high input consumption (due to high oil productivity), vertical and horizontal root systems, and management practices.