Nawaloka Construction enters global market
Nawaloka Construction Company has undertaken a contract to build a
hotel in the Maldives.
"We are stepping into the global construction market with the
building of a five-star hotel in the Vakkaru Island valued at US $ 60
million. EFZY Holdings (Pvt) Ltd has awarded the contract to build the
hotel to our company," Chairman, Nawaloka Construction, Jayantha
"The hotel which will have 120 villas and a luxury spa, will be
designed and built by us. The project would position the Nawaloka
Construction Company as an international construction company and will
be held in high esteem in the Maldives for future construction
projects," he said.
"We look forward to winning contracts in Cambodia and Myanmar with
the confidence placed on us by the Maldivian investors," Dharmadasa
said. Nawaloka Constructions has executed road sector projects
throughout the country including Colombo, Jaffna, Trincomalee, Ampara
and Kalutara. It has won many accolades including the National
Excellence Award nine times from 2005 to 2014.