INSEE Cement and SLINTEC forge partnership for sustainable construction innovation
Daily FT: INSEE Cement, Sri Lanka’s number one cement company with flagship brands INSEE Sanstha and Mahaveli Marine Plus representing over 55 years of trust, in a strategic move, has partnered the Sri Lanka Institute of Nanotechnology (SLINTEC), the nation’s premier research institution in advanced technologies, to launch a collaborative research program focused on driving innovation and sustainability in Sri Lanka’s construction sector.
The Memorandum of Understanding was signed at a ceremony recently with senior leaders from both organisations in attendance. Chief Operating Officer Thusith Gunawarnasuriya, Manufacturing Director Sushil Rathore, Director of Products and Solutions Portfolio Dr. Moussa Baalbaki, and General Manager of Quality and Technology Kalinda Dasanayaka represented INSEE Cement. Acting Chief Executive Officer Prof. Saman Seneweera, Principal Scientist Dr. Sanjeewa Wijesinghe, Executive Business Development Sewmini Yapa, and Research Scientist Nadun Ranepura were present on behalf of SLINTEC.
Chief Operating Officer Thusith Gunawarnasuriya said, “As the industry leader, INSEE Cement is committed to advancing Sri Lanka’s construction sector through strategic collaborations championing meaningful change. The partnership with SLINTEC will support to develop low-carbon, future-ready construction solutions ensuring we continue to lead the industry toward a more environmentally responsible future.”
The strategic partnership enables INSEE Cement to further advance its product portfolio focusing on sustainability and performance excellence. As the market leader, INSEE Cement is leveraging the alliance to shape industry standards and drive meaningful progress in Sri Lanka’s construction sector.
This initiative also reflects the shared commitment from both organisations to innovation within the construction industry. They will combine technical expertise and visionary thinking to co-develop future-ready, environmentally responsible solutions that pave the way for a more resilient industry, setting new benchmarks for sustainable construction practices.
OSL take:
Sri Lanka’s ongoing economic expansion is evident by the steady growth being recorded by the country’s construction industry and related sectors. The expanding business/investment opportunities in Sri Lanka’s key economic sectors and the ongoing development drive have all helped boost the country’s construction industry and sectors related to it. With Sri Lanka working towards becoming a hub in the South Asian region, the economic expansion would witness further growth as well as result in the growth in the country’s construction industry. However, the expansion in the construction industry has opened up a host of business/investment opportunities that are direct as well as indirect. Nevertheless, the ongoing growth and expansion in the construction industry has opened a host of business/investment opportunities that present lucrative ventures for foreign businesses/investors. These foreign businesses/investors could also look at further expanding operations in Sri Lanka through partnerships or joint ventures with local businesses already earning profits in the construction industry and related sectors.