Bank of Ceylon to Support the Construction Industry

The Bank of Ceylon has come forward to support the construction industry by being a main sponsor and Banker to Excon 2008, the annual trade fair of the Chamber of Construction Industry Sri Lanka.

This was announced by Ms. W.A. Nalini, Deputy General Manager of the Bank at a Press Conference held recently which was presided over by Hon. Dr. Rajitha Senarathne, Minister of Construction & Engineering Services. Ms. Nalini added that the Bank of Ceylon is happy to associate itself with the Chamber of Construction Industry in its endeavours to enhance the capacities and competitiveness of the domestic construction industry for which Excon 2008, a major initiative of the Chamber, is being held during the period 9th -11th May 2008 at the BMICH.

She also stated that Bank of Ceylon will assist Sri Lankan construction companies which have succeeded in acquiring overseas business linkages consequent to a campaign carried out by the Chamber of Construction Industry in the Gulf region in association with the Ministry of Construction and Engineering Services and the Ministry of Export Development and International Trade. Acceding to a request made by Chamber of Construction Industry CEO/Secretary General Mr. Dakshitha Thalgodapitiya, Ms. Nalini pledged the support of the Bank to promote the SME sector of the construction industry, which is the way forward to promote the domestic construction industry, by using the largest island wide Banking network. Bank of Ceylon popularly known as the “Bankers to the Nation” has been in the forefront of supporting the construction industry by being bankers to the majority of major and specialist contractors in Sri Lanka.

This strategic alliance between the Bank of Ceylon and the Chamber of Construction Industry which represents every industry stakeholder will signal the dawn of a new era for the domestic construction industry, particularly in view of the ambitious industry development plans unfolded by the construction minister Dr. Rajitha Senarathne at the media briefing.