Sea Horse Yachts (Pvt) Ltd.entered into an agreement with the Hambantota International Port Group (HIPG) to set up a state-of-the-art yacht building facility at the port. The initial investment for the facility which will be located within the Hambantota International Port is set at around USD 58 million (Sri Lankan Rs.11.5 billion) and production is set to commence by early 2022.
The project is expected to generate over 200 direct employment opportunities and an additional 300 indirect employment opportunities.
The newly incorporated Sea Horse Yachts Ltd. (SHY),is a privately owned premium luxury yacht builder, located in Hambantota, Sri Lanka.