Monday, August 26, 2013

Access Engineering to explore overseas options

The management of Access Engineering PLC (AEL), one of Sri Lanka’s leading construction companies says they are keen on expanding operations beyond the shores of Sri Lanka though Sri Lanka will remain its nucleus.
“The steppingstone in this expansion strategy was laid when we secured our first overseas project in Papua New Guinea for Environment Monitoring in the Port Lae Development Project. At present, the Company is also seeking business opportunities in the African Continent and we are confident that the strong relationships we have with our international business partners will help us achieve our ambitions,” AEL Managing Director, Christopher Joshua and AEL Executive Director/ COO, Rohana Fernando said in a joint message issued at the release of the firm’s Annual Report 2012/13.

Going forward, the duo said that the group is also pursuing opportunities to enhance its presence in the mechanical engineering sector and that the Company will also pursue lucrative strategic investment opportunities in areas that facilitate related diversification.

“Some key focus areas include property development, township establishments, mixed development, residential projects in earmarked metropolises, public-private partnerships in water, wastewater, power and renewable energy generation. If proven to be viable, we are ready to explore expansion even via inorganic means,” they mentioned, however, adding that in the short to medium term, AEL will continue to focus on its core business.

“Our proven prowess in roads, highway and bridge construction, ports and related competencies, water management, building and telecom infrastructure will be the platform for our future growth. Our secured and confirmed order book has already laid the platform for sustainable development in the short to medium term and we will continue to align ourselves with the country’s accelerated development agenda.” (AR)

- See more at: http://www.nation.lk/edition/biz-news/item/20337-access-to-explore-overseas-options.html#sthash.5LeFjPd6.dpuf
The management of Access Engineering PLC (AEL), one of Sri Lanka’s leading construction companies says they are keen on expanding operations beyond the shores of Sri Lanka though Sri Lanka will remain its nucleus.
“The steppingstone in this expansion strategy was laid when we secured our first overseas project in Papua New Guinea for Environment Monitoring in the Port Lae Development Project. At present, the Company is also seeking business opportunities in the African Continent and we are confident that the strong relationships we have with our international business partners will help us achieve our ambitions,” AEL
Managing Director, Christopher Joshua and AEL Executive Director/ COO, Rohana Fernando said in a joint message issued at the release of the firm’s Annual Report 2012/13.
Going forward, the duo said that the group is also pursuing opportunities to enhance its presence in the mechanical engineering sector and that the Company will also pursue lucrative strategic investment opportunities in areas that facilitate related diversification.
“Some key focus areas include property development, township establishments, mixed development, residential projects in earmarked metropolises, public-private partnerships in water, wastewater, power and renewable energy generation. If proven to be viable, we are ready to explore expansion even via inorganic means,” they mentioned, however, adding that in the short to medium term, AEL will continue to focus on its core business.
“Our proven prowess in roads, highway and bridge construction, ports and related competencies, water management, building and telecom infrastructure will be the platform for our future growth. Our secured and confirmed order book has already laid the platform for sustainable development in the short to medium term and we will continue to align ourselves with the country’s accelerated development agenda.” (AR)
- See more at: http://www.nation.lk/edition/biz-news/item/20337-access-to-explore-overseas-options.html#sthash.5LeFjPd6.dpuf
The management of Access Engineering PLC (AEL), one of Sri Lanka’s leading construction companies says they are keen on expanding operations beyond the shores of Sri Lanka though Sri Lanka will remain its nucleus.
“The steppingstone in this expansion strategy was laid when we secured our first overseas project in Papua New Guinea for Environment Monitoring in the Port Lae Development Project. At present, the Company is also seeking business opportunities in the African Continent and we are confident that the strong relationships we have with our international business partners will help us achieve our ambitions,” AEL
Managing Director, Christopher Joshua and AEL Executive Director/ COO, Rohana Fernando said in a joint message issued at the release of the firm’s Annual Report 2012/13.
Going forward, the duo said that the group is also pursuing opportunities to enhance its presence in the mechanical engineering sector and that the Company will also pursue lucrative strategic investment opportunities in areas that facilitate related diversification.
“Some key focus areas include property development, township establishments, mixed development, residential projects in earmarked metropolises, public-private partnerships in water, wastewater, power and renewable energy generation. If proven to be viable, we are ready to explore expansion even via inorganic means,” they mentioned, however, adding that in the short to medium term, AEL will continue to focus on its core business.
“Our proven prowess in roads, highway and bridge construction, ports and related competencies, water management, building and telecom infrastructure will be the platform for our future growth. Our secured and confirmed order book has already laid the platform for sustainable development in the short to medium term and we will continue to align ourselves with the country’s accelerated development agenda.” (AR)
- See more at: http://www.nation.lk/edition/biz-news/item/20337-access-to-explore-overseas-options.html#sthash.5LeFjPd6.dpuf

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