{"id":100908,"date":"2022-10-01T15:56:16","date_gmt":"2022-10-01T15:56:16","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=100908"},"modified":"2022-10-01T15:57:01","modified_gmt":"2022-10-01T15:57:01","slug":"worlds-largest-palmyra-distillery-to-open-in-tikkam-jaffna-in-dec-by-shirajiv-sirimaneworlds-largest-palmyra-distillery-to-open-in-tikkam-jaffna-in-dec-by-shirajiv-sirimane","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/worlds-largest-palmyra-distillery-to-open-in-tikkam-jaffna-in-dec-by-shirajiv-sirimaneworlds-largest-palmyra-distillery-to-open-in-tikkam-jaffna-in-dec-by-shirajiv-sirimane\/","title":{"rendered":"World\u2019s largest Palmyra distillery to open in Tikkam, Jaffna in Dec.-by Shirajiv Sirimane"},"content":{"rendered":"<h2 style=\"text-align: center;\"><span style=\"font-size: 24px; color: #000000;\">World\u2019s largest Palmyra distillery to open in Tikkam, Jaffna in Dec.-<span style=\"color: #333399;\">by Shirajiv Sirimane<\/span><\/span><\/h2>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-100909\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2022\/10\/Chairman-Palmyrah-Development-Board-e1664639515568.jpg\" alt=\"Chairman Palmyrah Development Board\" width=\"600\" height=\"338\" \/><\/p>\n<div class=\"field field-name-field-image-caption field-type-text field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\" style=\"text-align: center;\"><span style=\"color: #000000;\">Chairman Palmyrah Development Board, Krishantha Pathiraja visits Tikkam distillery<\/span><\/div>\n<div><strong><span style=\"font-size: 16px; color: #800080;\">Source:<\/span><\/strong><a style=\"color: #000000; font-size: 16px;\" href=\"https:\/\/www.dailynews.lk\/2022\/09\/29\/business\/288134\/world%E2%80%99s-largest-palmyra-distillery-open-tikkam-jaffna-dec\" target=\"_blank\" rel=\"noopener noreferrer\">Dailynews<\/a><\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The world\u2019s largest Palmyra spirit manufacturing factory will be opened at the end of the year in Tikkam Jaffna. A local distilleries company will be investing Rs. 450 million in a joint venture with Palmyrah development board to create this historic project.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Chairman Palmyrah Development Board, Krishantha Pathiraja said that the JV in this regard has been already signed. Under the 5 year contract the progress would be renewed each 5 years. He also stressed that only the factory premises would be leased to the distillers company.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The Tikkam distillery was created in 1986 and was shut down after around three years. Later it was restarted by the LTTE terror organization but this too functioned for three years. The primary cooperative society and the Palmyrah Development Board then made an attempt to revive but that too field to materialize.<\/span><\/p>\n<p><!--more--><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u201cWe then called for tenders to re-start this and a local distiller was selected after proper tender procedure to re-launch this operation. One reason for the Tikkam Distillery was it was not under the proper related Ministry and in two instances it was under the Prison Reforms and then Hindu Religious Affairs!.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">However now it\u2019s under Minister of Plantations and Dr. Romesh Pathirana, deputy ministers Arundika Fernando and Lohan Ratwatte all aggressively promoting this project as it will help to usher economic prosperity to North East. The project will also provide 200 direct and over 300 indirect employment opportunities especially for Northerners. The company will invest Rs. 450 million to install modern machinery and re-start production. When completed it will be the biggest Palmyrah factory in the world. They will also purchase some local spirits that are in the factory paying around Rs. 2 million for tappers.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The new company while producing spirits will also export some of the products globally starting with Canada bringing in foreign exchange for the first time. New factory will also manufacture Ethanol as well. The Palmyrah tappers that now get around Rs. 45 per liter of Palmyrah Sap will now get 305 more for their produce and the new company hopes to purchase around 30, 000 per day.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The Palmyrah Development Board, would get an annual \u2018royalty\u2019 in the excess of Rs. 120 million annual income and this would initially be used towards settling due and EPF money of the former employees.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u201cThereafter it will be added as profits of the Chairman Palmyrah Development Board. He also said the Board has also engaged in an aggressive r planting campaign and have provided over 100,000 plants to grow in new areas. \u201cThis will help to fulfill future demand of the new distillery.\u201d<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>World\u2019s largest Palmyra distillery to open in Tikkam, Jaffna in Dec.-by Shirajiv Sirimane Chairman Palmyrah Development Board, Krishantha Pathiraja visits Tikkam distillery Source:Dailynews The world\u2019s largest Palmyra spirit manufacturing factory will be opened at the end of the year in Tikkam Jaffna. A local distilleries company will be investing Rs. 450 million in a joint [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":100909,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20],"tags":[33553,48222,48220,48221],"class_list":{"0":"post-100908","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"tag-arundika-fernando","9":"tag-chairman-palmyrah-development-board","10":"tag-dr-romesh-pathirana","11":"tag-krishantha-pathiraja","12":"post_format-post-format-aside"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>World\u2019s largest Palmyra distillery to open in Tikkam, Jaffna in Dec.-by Shirajiv Sirimane<\/title>\n<meta name=\"description\" content=\"The world\u2019s largest Palmyra spirit manufacturing factory will be opened at the end of the year in Tikkam Jaffna. 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