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Sri Lanka's Maga Engineering wins Rs4.5bn wholesale market deal

Dec 24, 2017 13:23 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - Sri Lanka's Maga Engineering Pvt Ltd, has won a 4,507 billion rupee deal to construct a wholesale bazaar outside the capital Colombo.

The wholesale trade activities now conducted at the Manning Market complex in Colombo's central Pettah area will be shifted to the new premises at Peliyagoda, the state information office said.

The cabinet of ministers had approved a proposal by Megapolis Minister Patali Ranawaka to award the deal to Maga Engineering.

The vacant land is expected to be developed later. (Colombo/Dec24/2017)