The venture is an initial investment of Rs. 28 million, sponsored by Oxigen Plantations Limited, UK. The project will provide employment for a workforce of 150.

The agri-forestry project would focus on growing Maize as the main crop while growing seasonal crops such as Sesame and Soya. The plantation is established in a 300 acre land in Polonnaruwa.

Director of Asia Plantation Capital Mr. Arjuna Dissanayake said that most plantations in the area work with rain water and the company expects to set up their own irrigation system. The irrigation system will allow Asia Plantation Capital to harvest 3 crops per year. He also stated that Maize has a high local demand and that the company in addition expects to export to the European.