SL-India sign MoU to restore Karainagar Boatyard

Consular Affairs
By Editor_1
The Karainagar Boatyard in the Northern Province of Sri Lanka - Handout

COLOMBO – The Karainagar Boatyard in the Northern Province of Sri Lanka is to be restored with a 290 million rupees grant assistance from the Government of India.  A Memorandum of Understanding between Sri Lanka and India on the restoration project was signed and exchanged by the High Commissioner of India to Sri Lanka Santosh Jha and the then High Commissioner of Sri Lanka to India. Kshenuka Dhireni Senewiratne on December 16, 2024.

A statement from the Indian High Commission in Colombo said the project envisages the rehabilitation of Karainagar Boatyard of the Cey-Nor Foundation Ltd, incorporated under the Ministry of Finance, Planning and Economic Development and operating under the Ministry of Fisheries, Aquatic and Ocean Resources.

It added that the project will cover civil works and procurement including installation of plant, machinery, equipment, materials and, services and once fully operational, the boatyard will augment livelihood opportunities of local fishermen, create more job opportunities in the area including through small establishments around the boatyard, and help enhance the supply of quality fisheries products.

The statement also noted that with a development cooperation portfolio with Sri Lanka of over  5 billion US dollars, India’s people-centric development assistance initiatives in virtually all major sectors were making a tangible difference to the daily lives of the people of Sri Lanka across all the 25 districts of the country.

Notable past projects in the Northern Province include construction and renovation of over 41,000 houses; a state-of-the-art Cultural Centre at Jaffna as a reconciliation project; removal of wrecks and dredging at Kankensanthurai Port; construction and repairs at numerous schools and hospitals across Jaffna, Kilinochchi, Mullaithivu, Vavuniya; restoration of Thiruketeeswaram Temple; distribution of significant quantities of assistance to the agricultural community, as well as fishing community including boats, nets, outboard motors, freezers among numerous others, the statement further noted.

-ENCL

 

 

Editor_1
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