Sunday Times (Sri Lanka)

Vallibel Finance goes ahead with landmark headquarte­rs, to be constructe­d by Sanken Constructi­on

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Vallibel Finance, despite the economic crisis precipitat­ed by the COVID0- 19 pandemic, is going ahead as scheduled with the constructi­on of its state- of- the- art headquarte­rs sky-rise building.

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

Vallibel Finance said in a media release that 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 Mr. 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 confidence in an economic resurgence notwithsta­nding COVID-19.

Carrying the hallmarks of a unique architectu­ral masterpiec­e, the 16-storey building is expected to stand out just the way it has on many fronts in its short but pace-setting 12 years. These include being named as the most respected finance company in Sri Lanka, the quickest quoted company to cross the milestone of Rs. 1 billion in profits and assets over Rs. 52 billion.

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