ABB to expand its presence in Sri Lanka
Shirajiv Sirimane
One of the leading Power and Automation companies in the world, the
ABB is to expand its presence in Sri Lanka.
Executive Vice President Frank Duggan speaking to 'Daily News
Business', said that they were in Sri Lanka for the past 60 years and
had been involved in many projects. "We are now looking at incorporating
a fully fledged company in Sri Lanka by the end of the year."
Frank Duggan, Dusyantha Rupasinha in Colombo |
He said that the Sri Lankan economy was growing fast and they see
tremendous opportunities for growth. "This growth is not seen in many
other countries."
He said that currently, they were carrying out their Sri Lankan and
Maldivian operations through a Liaison office with Dusyantha Rupasinha
as their General Manager.
"Our motto is 'think Global and act local' and to implement this we
need local expertise."
He said that they had a strong presence in India with manufacturing
plants. "We may look at similar opportunities in Sri Lanka as well."
Major projects executed by the ABB include, the Kotmale, Randenigala and
Rantembe Hydro Power Plants during the Mahaweli Development Project,
National System Control Centre at Dematagoda, Automation and Plant
Control Systems at Kerawalapitiya, a Power Plant and Kaluganga Water
Supply Project in Horana were examples of state - of - the - art
equipment from ABB.
Some of the major projects under execution includes, Construction of
the Valachchenai and Augmentation of Ampara Grid Substations, under the
Clean and Energy Access Improvement Project, The New Galle Power
Transmission Development Project under which a most modern Grid
substation would be built, strengthening the power transmission network
in the south.
He said that their main focus would be to get involved in Sri Lanka's
Power and Industrial Automation sectors.
"We are also keen to assist hospitality and commercial buildings to
be more energy efficient," he said. There is great potential for the
country to develop in the tourism sector and the ABB had many solutions
in building services. Currently 65% of their goods & services are for
local customers, while around 25% were being re-exported by the local
OEM's and EPC contractors. The balance has been for the Maldivian
market. |