Sri Lanka poultry producer Bairaha Farms will invest in a 360-million-rupee (US$8.01 million) broiler farm that will increase the company's production by 15% over the next three years.

Bairaha will spend 120 million rupees (US$2.67 million) on the project in the remainder of 2011 and 240 million rupees (US$5.34 million) in the next two years. The expanded farm is expected to produce its first birds in August or September 2011, according to Chief Executive Yakooth Naleem.