Sri Lanka links up with Surbana Jurong to become consultancy powerhouse
Sri Lanka is taking a major stride towards providing one-stop consultancy solutions across the entire value chain of urbanisation, industrialisation and infrastructure domains joining hands with a large Singapore based consulting firm, Surbana Jurong Pvt Ltd (SJ).
The Board of Investment of Sri Lanka (BOI) has signed an MOU with Surbana Jurong to set up a technical consultancy services joint venture opening employment avenues for local engineering, architecture and technical professionals both here and overseas, BOI Chairman Upul Jayasuriya PC announced at a media conference in Colombo on Friday. This company will provide professional services, such as feasibility studies, project management and project implementation for urbanisation and infrastructure projects in Sri Lanka and overseas, he revealed.
The joint initiative will take up both domestic and overseas consultancy work, giving Sri Lankan professionals the opportunities to develop cutting edge management tools in urban redevelopment and implementation of infrastructure projects.
Under the MOU, the consultancy company is expected to accelerate the project identification, planning and implementation process for urbanisation and infrastructure projects in Sri Lanka to attract top-rung investors, Mr. Jayasuriya said.
Surbana Jurong intends to tap into and build a core local Sri Lankan technical base to support its urban and infrastructure consultancy works in Sri Lanka and globally.
The new consultancy company will be given the task of carrying out accurate assessment of investment potentialities of Sri Lanka, he disclosed.
Surbana Jurong has already developed the Western Region Megapolis Plan (WRMP) and it is now in the process of developing a Master Plan for the Trincomalee Metro Area (TMA).
The BOI is also planning to set up an investment promotion zone in Trincomalee as several local and foreign industrialists have expressed willingness to set up joint ventures.
Surbana Jurong (SJ) has a rich 50-year heritage in the development of Singapore’s urban, industrial and infrastructure landscape. The group has a global workforce of almost 13,000 employees in over 110 offices across 44 countries in Asia, Australia, the Middle East, Africa and the Americas.