Colombo, 13th August 2013: Sri Lanka’s leading construction firm, Maga Engineering, hosted its inaugural Engineering and Construction Forum in Colombo last week. The session was a meeting point for over 325 managers, engineers and key staff of the Company in an effort to promote the exchange of new ideas and trends whilst discussing the future potential of the construction industry. The development of key infrastructure, and the company and industry’s role in supporting the development drive of the state was one of the key areas of discussion at the forum.
The Chief Guest at the occasion was the Governor of the Central Bank of Sri Lanka, Mr Ajith Nivaard Cabraal, who stated that the construction sector was crutcial for the government to achieve its development goals. “The last three years have witnessed the fastest-ever economic growth we have seen in Sri Lanka. We are on track to reach our target of USD 4,000 per capita income by 2016, and this is the outcome of concerted development programms we have implemented in the areas of ports, aviation, commerce and energy under the Mahinda Chinthanaya. This growing economic activity has been mirrored by the construction industry,” Cabraal stated.
Professor Ananda Jayawardena, the Vice Chancellor of the University of Moratuwa and the Guest of Honour at the occasion, pointed to opportunities outside Sri Lanka. “The construction sector must seek to establish its presence outside of Sri Lanka,” he stated. This will bring foreign exchange into the country and ensure the industry’s long-term sustenance, as the exponential growth seen at present is to slow down in the future.
Maga’s Engineering and Construction Forum was held at The Waters Edge amidst a large gathering of its Board of Directors, Senior Managers, Engineers and key staff from all over the island. The company’s Chairman and Managing Director, M. G. Kularatne, paid a glowing tribute to his staff at the occasion, praising them for their efforts which have positioned Maga at the helm of the construction industry in Sri Lanka. He further stated that the future of the company will be safe in their hands, whilst calling for an organisational rejuvenation to manage new challenges that lay ahead.
Maga Engineering (Pvt) Ltd is the only construction to be named a Business Superbrand in Sri Lanka, as well as be certified under both ISO 14001 and OHSAS18001 international HSE standard. Furthermore, the company is the only construction firm to receive Platinum rating in the country’s Corporate Accountability index, and has won over 60 national construction awards, as well as the National Business Excellence Award for the sector for the past 7 consecutive years.
