Home » Boat and shipbuilding sector export revenue doubles to USD 13 Mn
Boat & Marine Show to take stage on October 27-29

Boat and shipbuilding sector export revenue doubles to USD 13 Mn

by Gayan Abeykoon
August 11, 2023 1:00 am 0 comment
CMISL Chairman, Kaushal Rajapaksa with the Platinum sponcer

The contribution of the boat and shipbuilding sectors to the export revenue up to June 2023 was around USD 13 million against the first six months of 2022 which was around USD 6 million Thilaka Jayasundara, Secretary Ministry of Industries told the Boat & Marine Show 8th edition press conference held in Colombo on Wednesday.

“Our government remains committed to providing the necessary support and infrastructure to foster the growth of the marine industry.

Through initiatives that encourage research and development skills, training and investment, we aim to create an ecosystem that measures the innovation and economic prosperity of the country,” she said. Jayasundara said the contribution of the marine sector to export proceeds was around USD 17 million in 2022 and there were signs of it doubling this year.

The 8th edition of the Boat and Marines Show Organized by the Chamber of Marine Industries Sri Lanka (CMISL) will be held October 27, 28 and 29, 2023 which will be held at the Port City Colombo.The Chamber of Marine Industries Sri Lanka (CMISL) Chairman, Kaushal Rajapaksa said they target USD 1 billion export revenue by 2030.

“We aim to showcase our quality of work and exchange skills and technology with all other boat-building countries of the world.

At the moment we have an MoU in place with Maldives and two others with both Korea and South Africa are in the process of finalization. We are also a part of the International Council of Marine Industry Association (ICOMIA) which represents the Global Marine Industry. ICOMIA brings together national marine industry associations in one global organization and represents them at an international level, presenting a strong and united voice when dealing with issues challenging the industry. It acts internationally on behalf of all those concerned for the boating industry’s continued success and the public’s ability to enjoy boating at all levels in a clean environment,” he said.

Organizing Committee Boat and Marine Show Sri Lanka 2023, Chairman, Sharzan Ramesh Perera, addressing the gathering said, With Port City as the venue, it will be very convenient for visitors, tourists and even investors who have shown interest in this industry. As tourism will be playing a major part in the country’s economy it will give a major boost to the industry as well.

“We have a good level of acceptance for our boats and marine products internationally; this will however increase its’ exposure and make Sri Lanka a leader in this field as well, “ he said.

The event is sponsored by Sail Lanka Charter and Morex Lanka (Pvt) Ltd as the Platinum Sponsors and Neil Marine (Pvt) Ltd. As the Diamond Sponsor.

Fizel Jabir

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