With an investment of nearly Rs. 200 million, the project will help bridge infrastructure gaps that have limited large-scale vessel exports. The Minister noted that the government targets USD 100 million in boat-building export revenue this year.
He also revealed plans to develop the Nilwala River, Muthurajawela, and Elakanda canals to boost inland water transport. Meanwhile, the Boat Show & Conference 2026 is set to take place from January 30 to February 1, 2026, at Port City Colombo, marking the largest edition of the event to date.