Indian based SREI Infrastructure Finance Limited, a firm engaged in infrastructure financing yesterday launched its services in Sri Lanka through its local partner Arinma Holdings Private Limited.
SREI Infrastructure limited will initially focus on providing consultancy and advisory services across all sectors and also rent out equipment for sectors such as construction, healthcare, road and rail-related development.
Apart from those, the company is also planning to offer financing to select Private Partnership Projects such as building up of industrial parks and tourism-related facilities.
CEO of the SREI Infrastructure Advisory Group, Dr. R. Mandal, speaking at the launch said, “Post-war Sri Lanka is currently experiencing an unprecedented boom in construction and large scale development projects all across the country. I, therefore, believe we can contribute greatly to this vibrant economic activity with our expertise and know-how successfully synergizing with our local partner Arinma Holdings”
Ashan Malalasekera, the Chairman of Arinma Holdings, further elaborating on the services offered by the Indian firm said “It is especially exciting that it brings in a role of Project advisory, Project Structuring on PPP, Transaction Advisory, Financial Advisory, Project Development and Management, that for the first time in Sri Lanka, will now be available through its bouquet of services”
SREI is the largest construction and mining equipment financier in India, enjoying a customer base of over 28,000, built and nurtured over the past 23 years.
Quippo Rentals, which is one of India’s largest infrastructure equipment rental company too comes under the SREI group.
Arinma Holdings Private Limited incorporated in 2008 is engaged in working with international business partners and provides a range of services and technology to the Sri Lankan market.