Octopus is a common species in the Sri Lankan sea and not consumed within the country as a seafood. With the implementation of this project Sri Lanka will be  able to earn foreign exchange utilizing this vastly unreaped fish resource, Ministry sources said.

This is currently executed as a pilot project only in Jaffna and Pukkulam in Puttalam.  Dejin Company has introduced Octopus catching Traps and a special training has been given to fisher community with regard to the use of traps, catching, storage and transportation of Octopus.

It has been estimated that this will earn nearly USD 5 million of foreign exchange per annum.