(Daily FT : 04 November 2014)
30 years ago, Maga Engineering was founded by M.G. Kularatne, with a primary vision to become a model construction company in the region. Driven by a vibrant team which was the nucleus behind its success, Maga seized the opportunities created by the open economy of the 1980s.
This team had the opportunity to work alongside some of the world’s leading construction companies, giving it the trademark quality-centred focus that became the trademark of a unique construction company, for years to come.
Today, Maga is home to a workforce of 14,000, their families and dependants. This community comprises project managers, engineers, designers, administrators, technicians and craftspeople hailing from all parts of Sri Lanka, forming the heartbeat of a constantly growing, learning and caring orgnisation.
The engineering and technological expertise of the company is strong, with over 350 engineers and 60 construction project managers.
The company has made its presence felt across all major sectors of the country. The Lighthouse, Taj Exotica, Eden Resort & Spa and the Blue Water are some of the landmark hotels they have helped bring to life.
In the healthcare sector, Maga has been the main contractor of several key hospitals, including Colombo’s Apollo Hospital, the Neurotrauma unit of the National Hospital, the Ninewells Care Mother & Baby Hospital, Radiation Treatment Centre, Colombo South Teaching Hospital and the rehabilitation of the General Hospital.
Their most recent work in the public sector includes the Customs headquarters building, Sethsiripaya stage II, the Hambantota Port administrative complex and the 97km Anuradhapura-Trincomalee road.
In the education sector, the company has carried out the construction of the Ratnapura and Bingiriya Colleges of Education, the Millennium IT Complex at Malabe, the Singapore-Sri Lanka Friendship College at Weeraketiya and the Vocational Training Center in Colombo, amongst others.
They have been recognised as the best constructor in the water supply and drainage sector in 2013, in recognition of their work in the Greater Kandy Water Supply Project. The company has also been avid proponents of the commercial and real estate segments of the country, being the main constructor of four residential high-rises for Fairway Holdings, as well as the Kandy City Center and the 47-storey Clearpoint Residencies, billed to be Sri Lanka’s first sustainable high-rise.
Maga Engineering continues to play a lead role in the development of the North and Eastern provinces of Sri Lanka. The company’s pioneering efforts in these provinces include key segments of the A-9, A-32 and A-35 roads, the Jaffna Teaching Hospital, the Point Pedro Water Supply Project, the Kalladi Bridge and the Siyamabalanduwa-Pottuvil-Akkaraipattu road, where the company has invested extensively in the regional communities.
Maga is the first Sri Lankan construction company to possess an integrated quality, health, safety and environmental system certified to international standards, and the first privately-owned company in the country to publish under the Global Reporting Initiative G4 guidelines, the world’s leading standards for sustainability reporting.
The trust placed on the company by its stakeholders has manifested itself through Maga securing the Platinum rating in Sri Lanka’s Corporate Accountability Index and the first Green Award in the public and private sector.
During November Maga will reach the structural completion of the tallest building in Sri Lanka, the Grand Hyatt Hotel, standing at a height of 205m in Colombo, and will also celebrate its 30th anniversary in the process