Dhanusha Marine opens Rs.300mn boat building factory

The second boat building factory of Dhanusha Marine opened July 7th 2017 in Kalutara. This is in collaboration with Hyundai En Tech and Hanil Ship Building Company, Korea with a Rs.300 million investment. Managing Director, Dhanusha Marine, G. S. Fernando said, “Our production target under this project is to manufacture around 100 boats in the first year of operation. We will introduce new technology for fishing boat manufacturing and there will also be new designs for fishing boats under Korean technology.”

Chairperson of the Export Development Board, Indira Malwatte cutting the ribbon to declare open the factory

Indira Malwatte, Chairperson of the Export Development Board was the Chief Guest of this event. The factory hopes to manufacture long boats of over 55 feet for Korean, African and other markets. 
Chairperson and CE of the Export Development Board Indira Malwatte, said that “the studies undertaken to improve export performance have also highlighted the need to establish clear regulations for leisure boating with regard to manufacturing standards, licensing and registration, and that the EDB together with other stakeholders have already commenced work on this. In addition to enhancing foreign exchange, the boat building industry itself offers a wide range of benefits to the country, which also acts as a catalyst to the tourism industry in Sri Lanka. It has generated many job opportunities for the youth and created inflow of technical knowhow into the country.”

The EDB has identified the boat building industry as a key product sector that could be developed and promoted internationally to achieve the national export targets of the country.