Local contractors seek more work

Ramani KANGARAARACHCHI

Local construction companies should be given at least a 35 percent share of major development projects to sustain in the industry, National Construction Association of Sri Lanka (NCASL) Chairman Ranjith Goonatilake said.

Speaking at the NCASL Annual Sessions he said that although major development work is given to foreign companies by the Government it is imperative that local construction companies also learn through technological transfers to sustain in the industry.

“The major players in the local construction industry are the engine of growth of this sector.

Therefore constructors have a responsibility to fulfill the tasks entrusted by the Government beyond expectations,” Goonetilake said. He said 2011 will be very prosperous for the construction industry. “As such industrialists have to be prepared to face the new scenario efficiently and productively,” he said.

Referring to competencies of local contractors he said there are several member companies in the Consortium who are pre-qualified to compete in international competitive biddings in highways, bridges and water supply and drainage projects.

Some members are even capable of building award winning high rises. Still there is more room for improvement,” he said.

“If the gray areas are cleared more companies can take up the challenges bringing in revenue and more employment to the country,” he said.

Goonatilake requested the Government to settle the longstanding overdues to local contractors and motivate them to invest in research and development of the sector and improve social recognition in all sectors.

Irrigation and Water Resources Management Ministry Secretary Ivon de Silva said the Government is aware of the cash flow problem in the industry as a result of the Government depending on foreign constructors.

Measures will be taken to resolve these problems gradually, he said.