Maga Engineering (Pvt) Ltd. was adjudged the Most Respected construction company in Sri Lanka for the second year running, and has been ranked amongst the Top 30 Most Respected Entities in the country, according to the latest rankings by LMD.
The 2021 ratings were unveiled by LMD in their annual publication of the Most Respected Entities in Sri Lanka, based on a survey conducted by NielsenIQ. The survey adopted a weighted ranking system, analysing responses from 800 respondents representing Sri Lanka’s major listed firms and leading brands. The final results covered over 134 companies across 26 sectors. Ranking criteria included financial performance, quality consciousness, management profile, honesty, innovation, dynamism, corporate culture, CSR and sustainability, vision, and national perspective. This year, the scale also evaluated two new criteria – HR and people management, and crisis management, in order to provide a robust peer-perception of corporate brand.
Commenting on the achievement, Chairman and Managing Director of MAGA, Mr M G Kularatne said “MAGA has grown to become synonymous with ‘construction excellence’, and this is our strongest asset. Our reputation is built on never failing to deliver on our promise, in over 500 complex and challenging projects over the last four decades that have bought long-term value to both our customers and the end-users of this infrastructure”. “As a partner in Sri Lanka’s growth and development, we are honoured to be tasked with constructing some of the landmark projects that will change the face of our landscape and improve the lives of millions of Sri Lankans.”
Maga Engineering is Sri Lanka’s largest construction company and a key partner in national infrastructure development. As the largest employer in the sector, the company continues to invest in training and development, and pursues growth opportunities for its dynamic workforce. Recognising the company’s commitment to quality and ability to deliver complex projects on schedule despite challenges, Maga Engineering has recently been awarded the contracts for a number of mega-projects, including the Ruwanpura Expressway, Sethsiripaya Administrative Complex (Stage III), Two flyovers in Colombo 02, and the new Railway Headquarters and Train Control Centre at Maradana.