CIOB seminar on survival of construction industry on Thursday

Tuesday, 14 February 2023 00:10 - - {{hitsCtrl.values.hits}}

CIOB President Dr. Rohan Karunaratne

Prof. Chitra Weddikkara

Prof. A.K.W. Jayawardane

Dr. Saman Mahawatta

Sujeewa Mudalige

A CIOB conference organised under the theme ‘How shall construction industry stakeholders survive the turbulent year 2023?’ will be held on 16 February at 2:30 p.m. at the Galadari Hotel in Colombo.

During this conference, Dr. Saman Mahawatta, Civil Engineer, Chartered Quantity Surveyor, DGM, Maga Engineering Ltd., will deliver a lecture under the theme sustaining the industry and its workforce (with a case study on similar economic situations).

Meanwhile Prof. A.K.W. Jayawardane – Chairman, Commercial Bank, past President Institute of Engineers Sri Lanka (IESL), former Vice Chancellor University of Moratuwa informs the crowd under the theme ‘Debt restructuring to revive construction sector relationship with banks’. Sujeewa Mudalige, Chartered Accountant, Chief Executive Officer, P w C Sri Lanka will raise awareness under the topic ‘Management and debt sustainability of industry and financial institutions’ and Prof. Chitra Weddikkara – Chartered Architect, Chartered Quantity Surveyor Cost Engineer Mediator, Adjudicator and Project Manager will speak on ‘Review of outcome and expected framework for an industry solution’.

CIOB President Dr. Rohan Karunaratne explained the purpose of the conference and said: “Due to the stoppage of nearly 70% of projects and 100s of 1000s of jobs lost and around 4,000 construction companies having fallen, CIOB is organising this seminar to get industry inputs to complete our roadmap outlining the way forward for the year 2023, to be handed over to His Excellency the President, the Government, the Governor of the Central Bank and funding agencies. Surviving this period is crucial for construction companies so the aim is to receive expertise advice to negotiate this painfully turbulent year ahead. We hope this seminar shall be a timely and highly necessary seminar for the construction industry.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.