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Friday, 7 December 2012 00:44 - - {{hitsCtrl.values.hits}}
The Cabinet has approved the leasing out a portion of land at the Galle Port for a Yacht/Leisure Craft Repair and Ship Building facility based on an unsolicited proposal.
The party which will do the project on a 30 year lease basis is M/s Sea Gulf (Pvt) Ltd. which has forwarded an unsolicited proposal to construct a Yacht/Leisure Craft lifting facility and the barge mounted Yacht/Leisure craft repair facility at the Port of Galle.
Cabinet approval was based on a proposal by President Mahinda Rajapaksa in his capacity as the Minister of Ports and Highways.