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.

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,.

The Japanese grant will provide funds to procure 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.