Sri Lanka’s fisheries industry to receive 200 million yen grant from Japan

Sri Lanka’s fisheries industry to receive 200 million yen grant from Japan

October 24, 2023   03:58 pm

The Japanese Government has agreed to provide a grant of JPY 200 million, under their economic and social development programme, towards the development of Sri Lanka’s fisheries industry.

Accordingly, the grant, amounting to roughly Rs. 435 million, is expected to supply ice production machines and digital scales for the Ceylon Fisheries Harbour Corporation, fishing nets for the National Aquaculture Development Authority and deep freezers, along with tractors installed with deep freezers, to the Department of Fisheries and Aquatic Resources.

The grant aims to empower the fisheries industry by developing freezer facilities and supplying modern equipment, in a bid to add further value and uplift the living standards of the fishing communities in the Northern and Eastern provinces.

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