Sri Lanka’s CIC and Dubai firm in indoor plant deal

Dec 12, 2011 (LBO) – Dubai-based S S Lootah International said it had inked a partnership with Sri Lanka’s CIC Agri Business to supply ornamental plants to the UAE and later jointly expand into tissue culture with an eye on markets in Africa.

The statement said CIC Agribusiness works with 25,000 rural farmers.

“We will initially import Indoor Plants to the UAE markets having identified it as the prime area to focus on in order to enter into the market,” Yousif Bin Saeed Al Lootah, chief executive officer of Creative Choice, a unit of S S Lootah group said.

“There is huge potential in this area as products value addition can be done with the infrastructure available in the UAE.”

Creative Choice is engaged in landscaping, indoor plant supply and maintenance. The unit was started 30-year ago under S S Lootah’s landscaping division, the firm said.

“In addition to the supply of Indoor Plants, we will also explore the possibilities of establishing advanced projects in Tissue Culture Propagation and Agri Business,” Keerthi B. Kotagama, chief executive of CIC Agri Businesses said in a statement.