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Tuesday May 11th, 2021
Business

Sri Lanka seeks construction partnerships with Nepal

ECNOMYNEXT- Sri Lanka’s construction sector firms and small hydro power developers had discussed investment and joint venture opportunities with their counterparts in Nepal at an online forum organized by the Export Develop Board and the embassy in Nepal.

The Sri Lankan industry was represented by the Major Constructors’ Association of Sri Lanka (MCSL), Small Hydro Power Developers’ Association, Sri Lanka Institutes of Architects as well as the Chamber of Construction Industries of Sri Lanka.

Federation of Contractor’s Association of Nepal, Nepal Engineers’ Association and Society for Consulting Architectural and Engineering Firms (SCAEF) joined the seminar.

“Both sides welcomed the opportunity to strengthen contacts, build partnerships and explore business and technical collaborations and joint ventures,” the EDB said.

Sri Lanka based firms had expertise in green construction, urban infrastructure, soil and geology, hydropower and low cost housing, EDB Chairman Suresh de Mel had.

Sri Lanka had showcased companies that were involved in international construction projects.

Sri Lanka Ambassador Himalee Arunatilaka there were also prospects for capacity building and training opportunities.

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