India eyes ‘strategic foothold’ in Indo-Pacific with stake in Colombo Dockyard

By Biman Mukherji India has signalled its growing maritime and shipbuilding ambitions in the Indo-Pacific with the country’s biggest warship builder, state-run Mazagon Dock, set to acquire a controlling stake in Sri Lanka’s Colombo Dockyard. Mazagon Dock Shipbuilders said last week it would buy a 51 per cent stake in Colombo Dockyard for US$52.96 million. […]

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Board of Investment to launch US$ 7.25 mn mixed-development project in Colombo

The Board of Investment (BOI) of Sri Lanka has entered into a collaboration deal worth US$ 7.25 million to kick start a mixed development project in Colombo 03. The project carried out in partnership with K.K. N.holdings will feature the construction of an exclusive 19-storey office space building in the city, according to a BOI […]

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