December 24, 2020
A memorandum of understanding between Sea Horse Yachts (PVT) LTD and Hambantota International Port Group (HIPG) was signed on 27th January 2020.
The MOU set out an understanding between the Parties in the spirit of mutual cooperation.
The MOU represented and proposed to HIPG the possibility of investing and operating a Luxury Yacht building yard, within the Port of Hambantota in Sri Lanka.
HIPG agreed to lease land area within the Port of Hambantota for the Proposed Project.
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