Salasi Lanka Engineering Services plans to invest Rs. 250 Mn.

Salasi Lanka Engineering Services Limited is planning to invest around Rs. 250 million to set up a plant to locally manufacture water proofing material, concrete grout and several similar products in Sri Lanka.

This will be as a joint venture with ARDEX-QUICSEAL Singapore Pte. Ltd. a wholly-owned subsidiary of ARDEX GmbH, Germany.

Salasi Lanka Chairman U. A. Padukka said that they will use local rubber and most of the other locally sourced raw material for this venture where the value addition would be over 60%. “We also hope to engage in exports,” he said.

Padukka said that they had this plan for the last three years but had to put it on hold due to the COVID pandemic and the economic crisis that followed. “We now see a better investment climate in the country to launch an operation of this nature.”

Salasi Lanka (Private) Limited established Salasi Lanka Engineering Services (Private) Limited in year 2009 with the objective of providing engineering services for the works and this newly established company has provided its contribution to many gigantic projects in the construction field in this country including Havelock City, several star class hotels and for many landmark building in both the government and private sector.

With the advance of mobile technology and to cater to customers online we launched their website, www.sles.lk last week at its Head Office premises at, Maradana, Colombo. “Through this web, customers can access the range of services offered by Salasi Lanka Engineering Services relevant to the construction field and even order products and get technical advice and even quotations for projects.”

A leading private company engaged in the construction field since the year 2000 has won the Construction Excellence Award in 2017, offered by CIDA.

Padukka explained that through the launching of this website, customers can obtain the services from his companies without calling over at the companies, and to know about the projects relevant to the construction field and to obtain instructions regarding various items marketed by his companies.

Ardex Quickseal Singapore Zonal Business Promotion Manageress Teresa Lim, said that they work very closely with Salasi Lanka Business Group of Companies. “Our products are sold all over Asia and hence they match the Sri Lankan weather conditions as well.” (SS)

The post Salasi Lanka Engineering Services plans to invest Rs. 250 Mn. appeared first on DailyNews.