KDAW goes for Rs 800m investment plan
Ramani KANGARAARACHCHI
A leading construction company specializing in road development,
water supply and drainage, airport development (Air Field Construction)
Projects KDAW and Company Ltd will invest Rs 800 million for their
projects soon.
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MD KDA Weerasinghe |
The company’s Managing Director engineer K.D.A. Weerasinghe told
Daily News Business the company has done work worth of Rs 2.4 billion
last year mainly in road construction work and realized the necessity to
go for expansion to meet challenges of a booming industry in the coming
year. Therefore, it has spent over Rs 1 billion up to now.
Weerasinghe said the company could foresee a huge opportunity in the
road construction sector by looking at the Government’s development plan
and plans to develop infrastructure.
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The newly commissioned metal crusher plant in Neboda |
The company enhanced its capability by installing four new asphalt
mixing plants with the capacity of 80 tonnes per hour each, four new
crusher plants of 200 tonnes per hour each in Ambalangoda, Naboda,
Medawachchiya and Polonnaruwa to meet the increasing demand.
Weerasinghe said KDAW’s newly installed asphalt mixing plant is the
most advanced and environment friendly plant installed in Sri Lanka
recently in addition to fleet of 80 new dump trucks and other machinery.
The company has employed over 1,600 people including 38 engineers
islandwide. The shortage of manpower and skilled labour is a huge
challenge and he hoped the Government will be able to fill this gap
through NVQ and other training.
KDAW has completed a number of Road Development Projects in the
North, East, North Central, Southern, Western Provinces and they were
awarded the sub-contract for Southern Highway Construction Project by
Taisei Corporation - Japan for ABC Overlaying and Asphalt Laying of part
of the highway.
Weerasinghe is looking at the overseas market for future expansion
and has already diversified to the education sector locally.
The company has proved its mettle by attending to emergency repairs
of the Katunayake airport after the LTTE attack in 2002.
The winner of a merit award in the large scale service sector at the
CNCI awards recently Weerasinghe is looking at the export market.
It has already diversified to the education sector locally. |
