Business

Walkers CML International secures its first project in Maldives 

19 April 2017 - 145   - 0


Walkers CML International (Pvt) Ltd, a subsidiary of MTD Walkers PLC, has secured its first luxury residential project in the Maldives, according to a company announcement on Wednesday. 

Walkers CML International signed the contract agreement for the ‘One Avenue’ project with DAMAS Company Pvt Ltd, a reputed property developer in the Maldives, for the construction of a 10 storey Luxury residential apartment complex consisting of 95 apartments, located in one of Hulhumale`s most tranquil neighborhoods overlooking the scenic yacht marina.

“Securing this project in Hulhumale is a step in the right direction of achieving our group’s strategy to expand regionally,” said Jehan Amaratunga, Executive Deputy Chairman of MTD Walkers PLC whilst explaining that Walkers CML International was incorporated in order to capitalize on the opportunities present within the construction industry in the Maldives. 


“Whilst there have been many challenges in setting up our local operations here in the Maldives, Walkers CML International was able to draw upon the Walkers CML Group’s experiences and expertise to secure the ‘One Avenue’ project,” says Hiran Bibile, Country Head of Walkers CML International. 

 

  Comments - 0

  • Leave a comment



 



style="display:inline-block;width:300px;height:250px"
data-ad-client="ca-pub-6200193111498313"
data-ad-slot="1999573490">

 

Features & Analysis

New toy taking China by storm can fire needles and nails as well as toothpicks, leading to concerns over safety

(AFP) Handheld mini-crossbows that can fire needles and nails are the latest must-have toy in China but anx...

Delving into Sri Lankan nature with Eco Team's Ahas Pokuna

Anuruddha Bandara; a pioneer in tourism innovations has created Sri Lanka’s first, all-suite, luxury, pri...

Lankan Ambassador in Qatar attends Ifthar Dinner celebration at Emir's invitation

The Emir of Qatar, His Highness Sheikh Tamim Bin Hamad Al Thani hosted an Ifthar Dinner celebration recently at ...

A glimpse inside the beautiful ‘super-luxury’ M.V. Majestic Princess

The ‘super-luxury’ M.V. Majestic Princess stopped over in Colombo Port on her 49-day maiden voyage from R...



style="display:inline-block;width:300px;height:250px"
data-ad-client="ca-pub-6200193111498313"
data-ad-slot="1999573490">