Access Engineering PLC
Access Engineering PLC (AEL) began operations in 2001. In a relatively short lifespan of 13 years, we have built our enterprise into one of Sri Lanka’s foremost entities in the Civil Engineering and Construction industry. The Company has and continues to be involved in building some of Sri Lanka’s most vital infrastructure around the country, thus uplifting communities and contributing to the era of rapid economic development spearheaded by the Government.
During the first decade of operations the Company grew in stature, where we brought a bold and enterprising approach combined with world class skills and expertise to diverse sectors of Civil Engineering and Construction, thus gaining a distinct advantage in the industry in Sri Lanka.
Access Engineering is accredited as a ‘major’ and ‘specialized’ contractor by the National Contractors’ Association of
Sri Lanka. It is graded C1 for six engineering sectors, GP-B1 for piling and EM-1 for telecommunications by the Institute for Construction Training and Development (ICTAD), which is the highest aggregate grading bestowed on any construction company in Sri Lanka.
In 2011, the Company floated the second largest private placement in Sri Lanka to raise Rs. 4.5 Bn and subsequently proceeded with its initial public offering in the Colombo Stock Exchange in March 2012 enhancing Company equity by Rs. 5 Bn. Today, Access Engineering enjoys the highest market capitalization in the Construction and Engineering sector.
Our success story has been recognized with many awards and accolades, with titles such as ‘The most tech savvy’ and ‘The Best Knowledge Integrator’ among others. Most significantly, in 2013, Access Engineering won the ‘Overall Gold Award’ at the National Business Excellence Awards organized by the National Chamber of Commerce and was recognized as one of the ‘Top 10 Corporate Citizens’ by the Ceylon Chamber of Commerce.
In February 2012, Access Engineering acquired Sathosa Motors PLC, which holds the franchise for Isuzu commercial vehicles. Access Realties (Private) Limited, which owns Access Tower Office and Access Realties 2 (Private) Limited, the developer of the proposed Access Tower II for which construction has already commenced, are our fully-owned subsidiaries. In September 2013, the Company formed a joint venture, ZPMC Lanka Company (Private) Limited with Shanghai Zhenhua Heavy Industries Company Limited Company (ZPMC) of China, the world’s largest container handling equipment manufacturer.
Access Engineering continues to forge ahead as a company operating an integrated and sustainable business, bringing to bear diverse skills, strengths and an innovative mindset channelled towards achieving our own goals of excellence, whilst creating and delivering value to our stakeholders.
Vision
To be the foremost Sri Lankan business enterprise in value engineering
Mission
To meet the challenges in the development of multi sector civil engineering projects, providing innovative solutions whilst developing long term progressive relationships with all our stakeholders