Vallibel Finance orders on-time construction of landmark building, Sanken gets contract

2020 - July - 01

Unfazed by the economic meltdown precipitated by the new coronavirus pandemic, financial heavy-weight Vallibel Finance has ordered the construction of its state-of-the-art headquarters sky-rise as scheduled.

The bold move by the flag-bearer of the Vallibel Group offers a much-needed confidence boost to the wheels of progress of the economy while affirming the financial stability of the company.

The construction of the 16-storey financial centre in downtown Colombo 3 was awarded to Sanken Construction, a leading light in construction with Vallibel Finance Managing Director Jayantha Rangamuwa handing over the contract to Sanken Construction Managing Director Ranjith Gunatilleke.

Piling for the project had already been commissioned and completed by Access Engineering.

“We may be in the middle of overwhelmingly difficult times but at a time when Sri Lanka has impressed the world with its handling of the pandemic, we also need to show resilience in the face of adversity and faith in our potential as a nation. Today, Vallibel Finance rises to the challenge with this bold move,” said Jayantha Rangamuwa.

The new financial tower consolidates Vallibel’s stature as the fastest-growing and most respected finance company in the country and its decision to commission construction of its new headquarters amplifies the company’s reputation as a trailblazer in corporate Sri Lanka.

“It’s our shared responsibility to rebuild Sri Lanka and our decision not to delay our most ambitious investment yet speaks volumes of Vallibel’s commitment to the economy and its preparedness to face the most daunting challenges,” said Rangamuwa.

Awarding the construction contract by Vallibel Finance Managing Director Jayantha S.B. Rangamuwa to Sanken Construction Managing Director Ranjith Gunatilleke with in the presence of Executive Director Sisira Weerabahu, Suchith Mohotti Associates Chairman Suchith Mohotti and Sanken Construction Executive Director Mervyn Fernando