Megakem Engineering expands with new showrooms and launches new product
Ada Derana: Megakem Engineering Private Limited has expanded their business by opening two new showrooms under the “MEGAKEM” brand. The new showroom in Gampaha and the rebranded showroom in Rajagiriya are significant milestones in the company’s growth strategy.
In addition, Megakem has introduced its newly rebranded waterproofing solution, MEGAKEM MEGALASTIC SUPER 540. Lauded for its superior quality and performance, this product is endorsed with the tagline, “Most Recommended Waterproofing Product by Engineers,” setting new industry benchmarks.
The grand opening events were graced by Ashoka Siriwardena, Group Chairman, alongside the Board of Directors, management team, employees, and esteemed distributors. These milestones underscore Megakem Engineering’s unwavering commitment to innovation, quality, and customer satisfaction.
OSL take:
Sri Lanka’s private sector has posted impressive growth and profits, which is indicative of the overall growth of the country’s economy. Sri Lanka’s economy has shown great resilience through the years to external and internal challenges and is once again on the recovery path after facing an economic crisis in the past few years. Sri Lanka’s geographical positioning in the Indian Ocean, the many trade agreements as well as trade concessions enjoyed by the country and the target of becoming a regional hub have all helped Sri Lanka’s quick economic recovery. The growth and expansion recorded by many Sri Lankan businesses shows Sri Lanka’s economic strength as well as the growing business/investment opportunities in the country. Foreign businesses/investors while exploring the expanding business/investment opportunities in Sri Lanka, could also look at forming collaborations with local businesses in order to further expand operations locally and internationally.