IFC Backs New Anthony's Farm Group to Create Jobs, Support Smallholder Farmers and Drive Sri Lanka's Poultry Exports
Sri Lanka, June 24 -- The International Finance Corporation (IFC), a member of the World Bank Group, is supporting New Anthony's Farm Group (NAF) to expand operations, strengthen efficiency, create jobs and enhance rural livelihoods at one of Sri Lanka's top poultry producers.IFC's investment will enable NAF-Sri Lanka's only fully antibiotic-free poultry producer-to scale capacity, improve value chain efficiency, and expand access to safe, affordable domestic supply of poultry. The project is expected to create over 900 jobs and benefit at least 200 smallholder farmers engaged through contract farming and outgrower schemes - 22 percent of them are expected to be women and 80 percent low-income earners. Smallholders currently contribute arou...
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