The decision follows the clearance received from the Attorney General for the MoU, which will facilitate the receipt of the proposed financial grant from India. Additionally, approval from the Foreign Affairs Ministry has been secured, further advancing the process.

“With the necessary approvals in place and support from the Indian Government, the renovation project is set to move forward, bringing renewed vigor to the boat yard and fostering economic growth in the region,” Cabinet Co-Spokesman and Minister Bandula Gunawardena said on Tuesday at the post-Cabinet meeting media briefing.