It has built both military and civilian vessels for both local and overseas clients.

It is situated within the Port of Colombo, thus having the benefits of a deep water harbor.

[2] Colombo Dockyard operates four graving drydocks, the largest one with a capacity of 125,000 tonnes deadweight (DWT) as well as repair berth facilities.

[4] In 2020 the Colombo Dockyard built Eco bulk carriers for Norwegian Misje Eco Bulk company, Misje subsidiary of Kåre Misje & Co.[5] Colombo Dockyard also built Buoy Tender Vessels to sell to ports of Iraq through Toyota Tsusho Corporation of Japan.

Japan International Cooperation Agency (JICA) helped with this project.