Business
Chinese construction company Zhong Wei upbeat about SL growth prospects, opens office in Colombo
By Sanath Nanayakkare
Zhong Wei International Corporation, one of the leading design and construction companies in China, has opened its office in Colombo under the name Zhong Wei Engineering Consulting Company Ltd., and has begun to engage with key stakeholders in the country, to explore the prospects of providing its services as the country’s recovery process is on track to start mega projects in the near future.
Chairman of the company, Luo Xiaolan said that they are keen to involve in mega development projects in the Colombo Port City, Hambantota Port, Expressway Network and are also looking at investing in power generation projects.
“Sri Lanka and China have maintained close bilateral relations over several centuries. In recent times China has been a key player in providing infrastructure to the government while several Chinese companies have invested in Sri Lanka. Our parent company was set up in 2009 in China and it has been expanding its global presence with sizable investments in Hong Kong, Cambodia, Macau, Myanmar, Mozambique and Indonesia. In fact, we had plans to enter Sri Lanka a few years ago, but the economic crisis delayed it,” she said.
Elaborating further she said:
“With Sri Lanka recovering faster than expected, we have decided to enter Sri Lanka. To facilitate our work, we have formed a joint venture company with Sri Wing Lanka Pvt. Ltd and have opened our office here.”
“We are specialised in providing engineering consultancy services and a full range of cost management services with our experience in world class construction projects. Zhong Wei International Corporation’s delivered projects include a 4-kilometer under sea road network in Hong Kong and more than 60 high-rise apartment buildings/ office complexes in China and other countries.”
“Zhongwei also has participated in over 30 national, provincial, and municipal-level industry standard formulation and research projects, and has been recognised as the preferred consulting firm by the Guangdong Provincial Government’s audit repository while repeatedly receiving public commendation from industry regulators. Today, we are a company with more than USD 500 million in revenue annually.”
“We have completed a fact finding mission in Sri Lanka involving both public and private sectors in line with our services, and the potential opportunities stemming from it are very encouraging. We will further evaluate the proposals we have received, and will be coming back to Sri Lanka in two months for follow-up action.”
Ms. Xiaolan said that in a bid to broaden the horizons of Sri Lankan youths in Engineering Management Services, her company is planning to offer about 50 fully-funded scholarships to study in leading Chinese universities.
W. T. N. Indunil, Director at Zhong Wei Engineering Consulting Company Ltd in Colombo said that the awarding of scholarships to selected Sri Lankan students will be done through Sri Win Lanka Pvt Ltd where he is the chairman and which is also the coordinating arm for Zhong Wei in Sri Lanka.”
Backed by a global perspective and profound cross-border project consulting expertise, Zhong Wei has successfully provided top-notch consultancy services for several Guangdong-Macao cooperative construction projects.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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