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DateLine Sunday, 6 July 2008

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Ceynor to build fishing boats for Bangladesh



A fishing boat manufactured by the Ceynor Foundation.

Ceynor Foundation Ltd., a company under the Ministry of Fisheries and Aquatic Resources has launched a venture in Bangladesh to manufacture fishing boats. The total capital investment is $ 80,000. They will supply multi-fishing boats to Bangladesh.

The technical expertise for this project, consultancy services and the boat moulds will be supplied by Ceynor Foundation Ltd. It is a requirement that Sri Lankan workers are employed on this project.

Chairman, Ceynor Foundation, Rohan Jayasinghe said, "At present we manufacture 'pleasure boats' to be sent to Norway.

We could utilise the technical competency and relevant human resources to carry out the work. Through this process, we can obtain local and foreign privileges. This would also result in new avenues to bring in foreign exchange."

He said, "A dual power fishing boat "Sashmi" has already been experimented. These boats are very economical as they run on fuel and wind and save 50 per cent of the fuel cost.

We have already started to manufacture the most advanced dual power boat which is very sophisticated and it will cost about $ 80,000. We have received an order from Somalia for this boat". "In addition, we have started a program to train Somalian youth in boat manufacturing.

Eight Somalian youngsters are receiving training in Sri Lanka under this program.

This project also brings foreign exchange to the country", he said.

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