Indian high Commissioner Taranjit Singh Sandhu called on Sri Lankan construction sector for greater collaboration as India’s construction industry is expected to be USD 1 trillion by 2025.
He pointed out that while the demand for new infrastructure should be met quickly and smoothly, there was also a need for demand to be studied first and to be catered to, in environment-friendly ways.
There was a need to harmonise growth trajectory with environment sustainability he said while expressing his happiness over presence of a number of Sri Lankan companies in the Indian market.
Indian High Commissioner was speaking at the inauguration ceremony of the 8th Sri Lanka Buildcon International Expo & 7th Wood International Expo 2019 in Colombo yesterday.
Minister of Megapolis & Western Development, Patali Champika Ranawaka and Taranjit Singh Sandhu, High Commissioner of India inaugurated the exhibition.
Minister Patali Champika Ranawaka appreciated the role of construction sector in uplifting the Sri Lankan economy.
He expressed hope that such exhibitions would facilitate greater international collaboration at the industry and people level.
Minister also thanked the CII for organizing large scale Indian participation at the event.
More than 70 Indian companies with a focus on varied products and services related to Engineering, Procurement & Construction (EPC), Commercial & Residential Building Construction, and Government & Civil Infrastructure are participating in the Exhibition,
It is being supported by Confederation of Indian Industry (CII) and Ministry of Commerce & Industry, Government of India.