Well&Able Lanka Limited, in association with a Singapore-Sri Lanka business partnership, jointly introduced a futuristic construction technology that is environmentally friendly, cost effective, least time consuming, highly profitable and of high quality to help Sri Lanka’s construction industry make a dramatic change from its present course of direction.
Salasi Lanka Limited, winner of the prestigious National Construction Excellence Award 2017 conferred by the Construction Industry Development Authority of Sri Lanka, making a name for its construction prowess since 2000, and Singapore’s Well&Able International Limited, with a worldwide recognition of more than 25 years for its construction finesse, formulated Well&Able Lanka Limited as a joint venture and signed the Memorandum of Understanding on 31 August at their principal office at No. 10, Temple Road, Maradana, in the presence of the Managing Directors of both companies.
Well&Able International Founder and Managing Director Raymond Wong and Salasi Lanka Managing Director U A Padukka placed their respective signatures in the Memorandum of Understanding.
Speaking at the media briefing, Salasi Lanka Managing Director U A Padukka said: “Prefabricated lightweight building systems, are a game changer that will soon take over the country’s construction sector from gloom to boom, and bring about a welcome change for the country’s builders.”
Speaking further, he said: “I have been researching extensively for the past couple of years on how this new building system could be of advantage to us, and finally, convinced that the new technology opened a myriad of opportunities and was the best for us, I built my corporate head office using this sophisticated technology that’s ahead of its time.”
Well&Able International Founder and Managing Director Raymond Wong, addressing the media, said: “I am so happy to work with a Sri Lankan company in pursuance of business jointly to bring about vast benefits to Sri Lanka’s construction sector. We recently opened a new branch in Shanghai, China to introduce new products and technologies.”
Well&Able International’s Shanghai Branch Director Lyneth Wang, Singapore Companies Business Head Calvin Cho, Project Manager Eric Lee and Salasi Lanka’s General Manager C P K Geeganage, Administration and Human Resource Manager K B Vimukthi, Project Manager Chathura Nanayakkara and Finance Manager Ranjan Samaranayake, also participated at the event.