Colombo Dockyard’s New Chapter: Confidence Vindicates a Bold InvestmentMazagon’s Investment Is Already Paying Dividends for Colombo Dockyard
Posted on July 29th, 2026
Dr Sarath Obeysekera Ex CEO / MD Cololmbo Dockyard Ltd
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The latest news from Colombo Dockyard is a strong indication that the investment by India’s Mazagon Dock Shipbuilders Ltd. has already begun to strengthen confidence in the future of Sri Lanka’s premier shipbuilding and ship repair company.
When this bold investment was first announced, many individuals were critical and sceptical. However, strategic investments of this nature are not made for short-term gains. They are made to preserve technical capability, restore confidence among customers, and position a company to secure larger and more sophisticated international contracts.
Having been closely associated with the history and growth of Colombo Dockyard, and having had the privilege of working alongside its dedicated engineers, managers and workforce to elevate the company to international standards, it is personally gratifying to witness this renewed confidence. The Dockyard’s reputation was built over decades through technical excellence, quality workmanship, and the commitment of its people.
I sincerely hope this partnership will open the door to many more contracts, advanced technology transfer, employment opportunities for our young engineers and skilled workers, and renewed growth of Sri Lanka’s maritime and offshore engineering sector.
Colombo Dockyard is far more than a shipyard—it is a national strategic asset. Its success will benefit not only the company, but also the wider marine engineering industry and the country’s economy.