India grants $1.3M to rehab Sri Lanka's Karainagar Boatyard, boosting local jobs and fisheries.

India is providing a 290 million Sri Lankan rupee grant to rehabilitate the Karainagar Boatyard in Sri Lanka's Northern Province, operated by the Cey-Nor Foundation Ltd. The project includes civil works and the procurement of machinery and equipment, aiming to enhance local livelihoods, create jobs, and improve fisheries supplies. This initiative is part of India's $5 billion development cooperation with Sri Lanka, covering sectors like housing, education, and health.

3 months ago
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