Milcris mulls investments in Sri Lanka
Milcris (Pvt) Limited, an Oman based construction consultancy service
provider is exploring the possibility of investing in the leisure and
education fields in Sri Lanka.
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Milchris officials at the press conference. |
"We are a 100 percent Sri Lankan owned company and will launch our
Sri Lankan operations shortly with projects in education and leisure
sectors. The company has a branch office in Muscat and is working on a
Rs 600 million city campus project in Colombo with a private sector
education institute," said founder and Chief Executive Officer, Millan
de Silva.
"Since its inception in 2007, Milcrist has always been a 100 percent
Sri Lankan owned company with headquarters in Sri Lanka. However, these
are the first projects in Sri Lanka. This is a growing business and we
plan to set up offices in Qatar and UAE Dubai this year," he said.
Milcris records a turnover of 6-7 million dollars on an annual basis
and targets to reach $ 10 million this year. It has completed
construction of buildings to the value of $ 6 billion.
The company currently handles multi billion mega projects and has
completed 43 such projects in the retail, tourism, industrial, health,
education and aviation sectors with several similar projects in the
pipeline.
"We offer a comprehensive portfolio of services including project
management, cost management services, construction management and claim
consultation. We are one of the largest construction consultancy service
providers in Oman and plan to expand our presence in the region. Our
focus in on diversified fields which ensure sustainability under the
green building concept," de Silva said.
"Milcris is regulated by Royal Institution of Chartered Surveyors UK.
As a regulated firm, Milcris has to comply with the professional,
technical and ethical standards of the RICS, with emphasis on RICS Rules
of Conduct, covering professional indemnity insurance, training of
staff, complaints handling and where applicable, the handling of
clients' money to comply with the Rules of Conduct for Firms," a
spokesman for the company said.
SJ |
