Sri Lankaâ€™s MTD Walkers sets up Maldives unit
ECONOMYNEXT – Sri Lankan construction and engineering firm MTD Walkers said it has set up a subsidiary in the Maldives as it plans to expand operations in the archipelago.
The company, an integrated infrastructure and engineering solutions provider, said the new unit, Walkers CML International (Private) Limited, was needed to meet the growing demand of infrastructure development activities in the country.
The Group said it also hopes to work with local partners and government institutions to assist in achieving the development objectives of the Government of Maldives, a statement said.
“We hope to capitalize on emerging engineering opportunities available in the Maldives in the areas of civil engineering, mechanical engineering, electrical engineering, building services and marine engineering,” said Lal Perera, Head of Group Business Development of MTD Walkers PLC.
“Setting up operations in the Maldives forms part of our strategy to expand regionally,” said Jehan Amaratunga, Executive Deputy Chairman of MTD Walkers.
He explained that the Walkers CML Group will initially leverage on its civil and mechanical engineering expertise and introduce its full range of services in the coming years.
(COLOMBO, May 16 2016)