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IFC Backs New Anthony’s Farm Group to Create Jobs, Support Smallholder Farmers and Drive Sri Lanka’s Poultry Exports

COLOMBO —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 around 40 percent of NAF’s production, and the investment will strengthen market access and improve productivity. It will also support the expansion of NAF’s retail and franchise network, making all-natural poultry more accessible to consumers across the country.

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