(Daily News : 14 November 2014)
Maga Engineering Chairman and Managing Director M. G. Kularatne. Picture by Mahinda Vithanachchi
Leading constructor Maga Engineering which has undertaken more than Rs 100 billion worth of contracts in the country is now planning to penetrate into oversees projects in the future.
“The company has secured more than 100 huge contracts in the Sri Lankan construction sector with 30 years in the business and is now going global,” Maga Engineering Chairman and Managing Director M. G. Kularatne told a media conference announcing 30 years of their business in the construction sector.
He said that the company during its 30 years of business has reached the pinnacle in the construction industry with a workforce exceeds 14,000 in number includes a highly experienced and talented professionals.
Kularatne said Clearpoint residencies at Rajagiriya, a 47 storied high rise building, the world’s tallest residential vertical garden to be NSBM Green University Town-South Asian’s first green university to be and the 47 storied Grand Hyatt Colombo Hotel have impressed many overseas companies too.He said with these developments the company has recorded a 25 percent growth for the last few years to attract local skill to stop brain drain in the country. Therefore, with the penetrating into overseas construction business the local skills professionals will get opportunities work overseas, he said.
Chief Executive Director M. Piyadasa said Maga made its presence in almost all the key areas in the construction industry and has completed over 400 multidisciplinary projects from buildings to roads, bridges, water supply and marine during these 30 years.
He said the last decade marks significant for Maga as it could complete several projects with national importance during this period. Amongst them are the A-9 road,the Jaffna Teaching hospital, the Kalladi Bridge,the A 35 road, Northern Road connectivity are some of the major projects.
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