JAT Holdings PLC, a market leader for wood coatings in Sri Lanka, was recently accredited with the coveted CIDA SP 01 Certification by the Construction Industry Development Authority (CIDA).
The CIDA certification system implements various standards, policies and regulations across the construction industry. JAT Holdings PLC has received CIDA accreditation in the specialized construction category (SP) for the following fields of specialty: Floor, Wall & Ceiling Finishes (SP1), Furniture, Fittings & Equipment (SP1) and Carpentry & Joinery (SP2), the company said in a media release.
Explaining the significance of this achievement, Gavin vanDort – General Manager – Project Sales at JAT Holdings PLC said, “Achieving CIDA accreditation is a significant milestone for JAT, as a newly listed public limited company in Sri Lanka with immediate confirmed projects in excess of Rs. 1 billion rupees, which will be realised over the coming financial year. From the inception, we have worked incredibly hard to ensure that our technologies and processes were always exceptional and, now that we have fulfilled the stringent quality, operational and financial requirements laid down by CIDA, we are in the privileged position to claim CIDA accreditation.”
In order to meet the rigorous requirements for CIDA accreditation, JAT Holdings has ensured that it retains qualified inhouse supervisory staff at the NVQ-level 3 or above, while also having completed projects cumulatively worth in excess of Rs.180 million or at least one project under each category, for which certification is being obtained, worth at least Rs. 24 million, the release said.
In addition to this, applicants for CIDA certification are required to have obtained ISO standard certification and maintain ongoing CSR programmes that benefit the community. Having fulfilled all of these conditions and met other technical standards, JAT Holdings PLC was found to be eligible for CIDA certification.
Since its founding in 1993, JAT Holdings PLC has established itself as a market leader in Sri Lanka for wood coatings and as one of the country’s most promising listed conglomerates, the release added.
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