Sri Lanka has announced it is to receive a LKR 75 million ($2.4m) grant from South Korea with which to develop its aquaculture sector. The move comes as a result of discussions held by fisheries and aquatic resource state minister Dilip Vedarachchi, with the Korean ministry of ocean and fisheries, said the Sri Lankan government. Korea’s National Federation of Fisheries Cooperatives has agreed to donate two fisheries technical colleges, one in the north and one in the south of Sri Lanka. In addition, Korea has agreed to construct multipurpose fisheries harbors, intended for Udappuwa, Chalai, Madagal, Delft and Tangalle. They have agreed to do the feasibility studies, as well as the planning, free of charge, and a high level team will be in Sri Lanka next week, the country said.