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Monday, April 5, 2010

Sri Lanka - Hayleys wins USAID Global Development Alliance Award for Sri Lanka

Apr 05, Colombo: Sri Lankan multinational conglomerate Hayleys has won a prestigious business award from the United States Agency for International Development (USAID).

A press release issued by the U.S. Embassy in Colombo said a ground-breaking Private Public Alliance (PPA) between the USAID and the Hayleys Group has been chosen from 700 such initiatives around the world to receive USAID's 2009 Global Development Alliance (GDA) Award.

The U.S. Government singled out this partnership as a model of how U.S. Government foreign assistance can be maximized through greater engagement with the private sector, it said.

Hayleys won the award for its involvement in promoting the commercial agriculture in the Eastern Province to assist the farmers in the conflict-affected areas.

This Sustainable Agriculture through Commercialization (SAC) Project is expected to link 3,600 conflict-affected farmers from different regions in the Eastern Province to a commercially viable and sustainable agricultural programme that ensures a substantial increase in farmer incomes.

Hayleys Chairman, Mohan Pandithage and USAID/Sri Lanka Mission Director, Rebecca Cohn posing with USAID Chief Operating Officer, Alonzo Fulgham after the awards ceremony.

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