Colombo Dockyard and India's DCIL Ink Maritime Cooperation MoU

Colombo Dockyard PLC (CDPLC) has formally entered into a Memorandum of Understanding (MoU) with the Dredging Corporation of India Limited (DCIL). The agreement primarily focuses on providing drydocking, ship repair, and modernization services for DCIL's fleet. The signing ceremony was attended by Indian High Commissioner to Sri Lanka Santosh Jha, along with the Managing Directors and CEOs of both companies. This collaboration is anticipated to benefit Colombo Dockyard through enhanced business volumes from the Indian maritime sector, while also leveraging CDPLC's skilled workforce for India's maritime needs. The initiative aims to contribute to Sri Lanka's national economy through advanced technological services.