Sri Lankan marine services company to invest over Rs. 200 million to increase operations in the country
Sri Lanka’s Master Divers (Pvt) Ltd., which is a leading marine services company, is reportedly planning on investing over Rs. 200 million to increase their operations in two locations in the country – Trincomalee and Colombo.
Founder and Chairman, Master Divers and W A Tucker, Ariyaseela Wickramanayake has been quoted as saying that due to the south west monsoon their harbour operations in Colombo had become almost impossible and they have moved some of their operations to Trincomalee.
“We now see this as a major success and would now look at introducing warehousing facilities to Trinco. In addition we will also add more infrastructures to our Kelaniya warehouse,”
He has told the state owned Daily News at the 40th anniversary celebrations under the theme ‘A Greater Tomorrow’ that Trincomalee is one of best Ports in the world and they foresee tremendous potential.
“Today though many are claiming to have played a key role in creating the Hambantota Harbour I am proud to say that it was my concept that saw the light of the project,” he has said.
“This harbour was used centuries ago. I saw the potential in this harbour 45 years and now I am happy that it is finally up and running. Master Divers was established in 1978 mainly to take this industry away from foreigners’ dependency and today we have achieved that,” he has further noted.
“We have been a part of many historical moments of Sri Lanka, where the professional divers from Master Divers carried out an emergency dive at Victoria Dam when it was completely flooded with its outlets were jammed and helped preserve the Victoria Dam for future generations. Master Divers also transported the 390 megawatt Muthurajawela Power plant as well as the Puttalam power plants, from the Colombo harbor to their present locations. Our next step is to service the demand in the remaining parts of the South Asian region and become South Asia’s foremost diving and marine service provider,” Director, Akmal Wickramanayake has said.
OSL take:
With Sri Lankan authorities targeting to make the island a maritime hub in the Indian Ocean region, the development programmes carried out in line with the set target have increased the business/investment opportunities in Sri Lanka’s maritime sector. Foreign maritime businesses could explore opportunities in the country’s maritime sector.
| Article Code : | VBS/AT/04102019/Z_4 |