New Anthoney's Farms Group has received up to USD 10 million in funding from the International Finance Corporation to expand production capacity and create employment across Sri Lanka's poultry sector.
New Anthoney's Farms Group, a Sri Lankan poultry producer, has secured an investment of up to USD 10 million from the International Finance Corporation (IFC), a member of the World Bank Group. The funding is intended to support the company's expansion plans, including increased production capacity, improved supply chain efficiency, and broader market access for affordable poultry within Sri Lanka.
The company, founded in 1986, has built its reputation around antibiotic-free poultry production—a distinction that has made it Sri Lanka's only fully antibiotic-free poultry producer according to its own claims. This commitment to sustainable farming practices was further validated when New Anthoney's Farms became the first company in South Asia to secure the Sustainable US Soy licence in 2023, a recognition it carried to the Soy Connext 2026 conference in Chicago in August.
The investment is projected to generate significant economic benefits. The company expects to increase annual poultry exports to 1,936 metric tons by 2032, representing a 29 percent rise from 2024 levels and generating an estimated USD 4.95 million in additional foreign exchange earnings. The expansion is anticipated to create over 900 new jobs while benefiting at least 200 smallholder farmers through contract farming arrangements, with approximately 22 percent of participants expected to be women and 80 percent from low-income households.
Sri Lanka's poultry sector remains critical for domestic food security and affordable protein, though smallholder farms—which comprise 85 percent of the sector—currently supply less than 30 percent of total output. The IFC investment emphasizes strengthening this broader value chain rather than simply scaling individual company operations.
