Sri Lanka's First Sea Cucumber Hatchery
A USD 3.2 million integrated hatchery and sea pen operation in Jaffna — from broodstock to premium dried trepang exports.
Explore the ProjectSri Lanka's First Commercial Sea Cucumber Hatchery
A USD 3.2 million integrated hatchery and sea pen operation in Thaliyady, Jaffna — producing 2 million juveniles per year with projected annual revenue exceeding USD 3 million at full capacity.
Proven Technology
Licensed hatchery technology from Indian Ocean Trepang (IOT), Madagascar — 14 years of commercial-scale Holothuria scabra production. Full technology transfer including broodstock management, larval rearing, and nursery protocols.
Government Support
Fully endorsed by NAQDA (National Aquaculture Development Authority) with 250 acres of designated coastline in Ariyalai, Jaffna. BOI Section 17 approval and Fisheries Ministry backing at the highest levels.
Dual Revenue Streams
Premium dried trepang (beche-de-mer) exported to Singapore and Hong Kong at USD 100–150/kg wholesale. Secondary revenue from juvenile sales to local sea pen farmers at LKR 100 per piece — creating a full value chain.
Zero-Feed, Solar-Powered
Sea cucumbers are detritivores — zero feed cost throughout the entire grow-out cycle. Solar-powered hatchery operations reduce energy costs and align with sustainable aquaculture principles.
Our Journey So Far
Drag to explore — IOT Madagascar visit, Minister inspection & sea pen operations
Project Timeline — 2026 Onwards
Already Completed
- ✓IOT Madagascar technology transfer agreement signed
- ✓NAQDA endorsement & BOI Section 17 approval secured
- ✓48-acre hatchery site allocated at Thaliyady, Jaffna
- ✓250 acres of coastline designated for sea pens in Ariyalai
- ✓Pilot sea pen farming & first dried trepang exports to Singapore
- ✓Fisheries Minister site inspection — full government backing confirmed
- ✓IOT technical team site visit & knowledge transfer completed
Financing & Construction
CFC term loan secured. Hatchery facility construction begins at the 48-acre Thaliyady site. IOT technical team on the ground for commissioning support.
First Hatchery Production
Phase 1 — 500,000 juveniles produced. First hatchery-bred juveniles deployed to Ariyalai sea pens. Staff training completed with IOT supervision.
Phase 2 — Scale to 1M Juveniles
Second production cycle online. Juvenile sales to village farms begin. First harvest of hatchery-origin dried trepang for Singapore export.
Full Capacity — 2M Juveniles
Hatchery at full production. 900 village farms supplied with juveniles. Dual revenue streams fully operational — trepang exports and juvenile sales.
CFC Loan Repayment Begins
Stable cash flows from USD 2.7M+ annual trepang revenue. Loan repayment on schedule. 80+ direct jobs created in Jaffna.
Expansion & Regional Hub
Sri Lanka positioned as a premium beche-de-mer origin. Potential expansion to additional coastline. Annual revenue exceeding USD 3 million.
A Coalition Built for Scale
Indian Ocean Trepang (IOT)
Technology Partner
14 years of commercial Holothuria scabra hatchery operations in Madagascar. Full technology transfer, training, and ongoing technical support.
Haishen Group
Strategic Investor — 38% Equity
Singapore-based sea cucumber processing and export company. Offtake agreement for 100% of dried trepang production at market rates.
NAQDA
Government Authority
National Aquaculture Development Authority of Sri Lanka. Designated 250 acres of coastline and provides regulatory support.
Common Fund for Commodities
Development Finance — USD 1.5M
United Nations commodity development fund. Term loan financing for hatchery construction under the 28th Call for Proposals.
Partner with Sri Lanka's Pioneering Sea Cucumber Venture
We are seeking strategic partners and venture capital to accelerate scale-up. Proven technology, government backing, secured coastline, and a guaranteed offtake agreement — the fundamentals are in place.