India Extends Funding for Nagapattinam–Kankesanthurai Ferry Service 🚢

• Financial Support & Funding • Government of India extends financial assistance for the passenger ferry service for another year (3rd consecutive year of support since resumption in August 2024). • Extended under the Viability Gap Funding mechanism, providing ~LKR 300 Mn (Rs. 300 million) annually to cover key operational and logistical costs, ensuring affordability and sustainability. • Operational & Economic Impact • Facilitated movement of ~52,000 passengers since August 2024, enhancing cultural, economic, and social ties between India and Sri Lanka. • Serves as a key milestone in strengthening bilateral maritime connectivity and regional integration. • Future Infrastructure & Connectivity • Planned rehabilitation of Kankesanthurai Harbour under Indian grant assistance valued at US$ 65 Mn. • Exploration of additional routes and services to expand maritime connectivity, trade, and people-to-people exchanges.