Sri Lanka Karainagar Boatyard
Colombo: India will provide financial assistance of 29 crore Sri Lankan rupees to develop Karainagar ‘Boatyard’ (the place where boats are parked) in the Northern Province of Sri Lanka. The Indian High Commission gave this information on Thursday. The project envisages rehabilitation of Karainagar ‘Boatyard’ of Sea-Nor Foundation Limited, incorporated under the Ministry of Finance, Planning and Economic Development and operated under the Ministry of Fisheries, Aquatic and Ocean Resources.
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“A Memorandum of Understanding (MoU) in this regard was signed and exchanged by Santosh Jha, High Commissioner of India to Sri Lanka, and Kshenuka Dhireni Seneviratne, the then High Commissioner of Sri Lanka to India, on December 16,” the Indian High Commission said in a release. Went. ”The project will involve construction work and procurement including installation of plant, equipment, materials, services etc.
Fishermen will get big help
According to the release, once fully operational, the renovated ‘Boatyard’ will enhance livelihood opportunities for local fishermen, generate more employment opportunities in the area through small establishments around the ‘Boatyard’ and increase the availability of quality fishery products. Will prove helpful in increasing supply. The Indian High Commission said that with development cooperation with Sri Lanka amounting to over US$5 billion, India has undertaken people-centric development assistance initiatives in almost all key sectors of Sri Lanka. (Language)
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