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Sunday, 14 August 2016

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Blue Ocean unveils diversification plans

Blue Ocean Group of Companies unveiled a host of plans it is pursuing in the real estate sector and various other industries, at a celebration of its journey in Sri Lanka, recently.

"I am indeed proud that my team and I have now etched the name of the Blue Ocean Group strongly in the annals of the country's development history. We are undoubtedly leading the way to the future, having already begun changing the way the corporate and real estate landscape is looking ahead," he said.

The real estate sector of the Blue Ocean Group has built or building 615 apartments across 23 locations in eight towns in the Colombo metropolis and will soon expand to Kandy and Nuwara Eliya, Chairman, Blue Ocean Group, Thumilan said.

One of the main features of the event was the presentation of a series of funds in support of numerous health and education initiatives conducted by the government. As part of the Group's CSR initiatives, the company presented Rs 4 million for the prevention and eradication of chronic kidney disease project.

In addition, Rs. 1 million each was presented toward projects of the Ministry of Housing and Construction and for projects conducted by the Ministry of Higher Education.

KBBS Campus, which is a subsidiary of the Blue Ocean Group, has granted 100 scholarships for accountancy professionals. The Group, which is into diversified industries including real estate, construction, engineering, trading, education, corporate consultancy and now entertainment, launched its maiden film Paatak Nethi Adarayak recently.

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