Business Times

Construction fair next month draws foreign companies

By Chanaka de Silva

The National Construction Association of Sri Lanka is to hold its 11th trade fair from the 19th to 21st August 2011, an event that has so far attracted over 35 foreign companies as participants. The main trust of this year’s fair will be to develop the domestic construction industry. This year’s exhibition will showcase some of the latest products and services available along with the latest state of the art equipment presently used in the industry, officials said.

This year’s ‘Construct 2011’ will see the participation of companies from India, Singapore, Malaysia, Australia and New Zealand. Locally, several new members from the North and East of the country will also be participating.

Speaking to the Business Times, National Construction Association of Sri Lanka, Chairman Priyantha Perera said, after a long period the construction industry is beginning to move forward. Now with the development in the country there is a great demand for construction work.

Also there are now several construction companies that are qualified and capable to bid for large scale projects alongside foreign companies. The acute shortage of skilled labour and material are two of the major setbacks faced by the industry today. The material shortages such as sand must be sorted by the relevant government department as they have an environmental impact, he said. But as for skilled labour the association has now begun to train people in the trade. At present around 900 persons are being trained by the association.

The main drawback in attracting young people into the industry is not the monetary benefit as there is good earning potential in this trade. It is the lack of the glamour that is keeping the new comers away, he said.

This year’s exhibition will have around 300 local and foreign exhibitors. Among them will be banks and insurance companies. This year’s special attraction will be the ‘Armed Services Construction Pavilion’, which will demonstrate the construction capabilities of the forces.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
 
Other Business Times Articles
SL Tourism gets boost thro’ new campaign
Hayleys revives deputy chairman’s post
SLT CEO’s service contract creates controversy
Hilton to manage Malwatte resort in the Maldives
Swarnamahal Financial Services to set up Gold Fund
‘Insider trading? So what – it’s legit!
Education :My child is better than yours
COMMENT - Mr President-give me a hearing
Magical power of focus
Construction fair next month draws foreign companies
Colombo Port receives rare internal containers via train
PB re-launches website with E-futures
Brandix first apparel maker in the world to get ISO 50001
Fitch and Moody's upgrade Sri Lanka’s Sovereign Rating
New records for CSE's ASPI, Milanka, turnover, number of trades in 2010
Air Taxis target islandwide destinations
SL exports to India driven by FTA, imports not so
SAARC chamber seminar on transport and communication
Trend Micro antivirus launches, plans No. 2 spot in market share by end 2011
Hayleys Energy Services receives rare 4-in-1 certification
Sri Lanka’s $1 billion bond issue draws billions in offers
THINKCube unveils Telco Cloud Computing products
Neela to discuss "Leadership" issues at the ST Business Club
WNL to receive ISO 14001 certification
Sri Lankan HC designate speaks at Oxford’s Rhodes House
So do you want to get married in the air?
Disaster at the bourse...!
Data discrepancies recorded in apparel industry
August offers from Singapore Airlines
No shareholder agreement weakens Govt. control in SLT
Asia Capital sells insurance, commods trading stakes to focus on core business
Fonterra provides nutritious milk to Carlton Pre-school students
Insider trading? ‘Nothing wrong - we all do it’-top investor says
SEC offers up draft rules for minimum public float for comment
Overpricing IPOs – face the music
Sri Lanka committed to job security for HIV/AIDS victims
Migration, remittances and development in South Asia - Saman Kelegama (Editor), Sage Publications, India, 2011
Janashakthi launches insurance scheme for Sri Lankan hotels
Solar power as a cost cutting solution for tea and rubber plantations
American Alumni Association collaborates with CandleAid Lanka to help a school
Visits by global management pave way for expansion at A&E Lanka

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2011 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution