by seek Mon May 18, 2015 8:54 am
There is some unwritten or purposely ignored side of this story. I am not trying to defend anybody. But this guy, Nandana Lokuwithana, is not just a labor flew to dubai for 225$ salary. He was a well reputed businessman even before 2005.
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“Onyx Industries FZC” based on Sharjah is building Marriot Hotel in Dubai. Onyx, founded in 1998, is owned by little known Sri Lankan businessman named Nandana Jayadeva Lokuwithana. Onyx employs about 60 people at its Sharjah facility and mainly imports and trades steel products from China for construction industry. Contact details of Onyx are as under:
ONYX INDUSTRIES FZC
Steel Fabricators & Engineers
P.O. Box: 8416
Location: Sharjah Airport – International Free Zone (Saif Zone)
Phone: 06-5573406
Fax: 06-5573407
www.onyx(at)onyxfzc.com
In Sri Lanka Onyx group acquired Ceylon Steel Corporation (CSC)in Sept, 2009 at a cost of US$ 38 million. Onyx claimed that it would spend additional US$ 18 million to modernize CSC. The company has about 30% market share of steel used for construction in Sri Lanka.
Though CSC was its original name when founded in 1961 as government company, it was privatized and sold to HANJUNG, Korea of DOOSAN GROUP in 1996 as part of privatization drive by them govt. CSC was renamed by Korean company as Ceylon Heavy Industries and Construction Company Limited (CHICO).
However, after take over by Onyx, it was renamed back to original as CSC and started selling steel under the brand name “LANWA” . People in Sri Lanka were very familiar with Lanwa brand and not CHICO brand under which Korean company was selling steel.
Post-acquisition, CSC declared (Oct, 2011) that it is expanding steelmaking capacity from 100,111MT to 250,000MT and commission a new steel bar mill on 164-acre site in Oruwela, Athugiriya, South of Colombo. The facility also proposed to make galvanized wire, pipes, nails and other steel products needed by construction industry. The expansion was to cost about US$ 80 million of which US$ 28 million was towards new steel bar mill acquired from Italy’s Danieli.
In Sept, 2010 Nilona Holding, a member of the Onyx Group initiated a project to construct US$ 190 million project called “Marriott Hotel and Executive Apartments in Dubai Healthcare City Phase II”. The tower being constructed is called as Nilona Tower. However, after project is implemented, it would be designated as Marriott would feature 24 storey tower, which will feature 352 rooms, 128 luxury serviced apartments, various F&B outlets, and health and fitness facilities.
Dubai” Al Rostamani Pegel (ARP), a member of Al Rostamani Group, was awarded (Sept, 2010) the project for construction of Marriot hotel and hotel apartments by Nilona Holding.The hotel is centrally located only 10 minutes from some of Dubai’s premiere attractions, including Burj Khalifa, Dubai Mall and Dubai Creek. Construction is nearing completion and scheduled to declare open after two months i.e. July, 2913. Contact details of Nilona Holdings are listed as:
Nilona Holding FZ-LLC
United Arab Emirates
Company Type: Owner, Corporation
Phone: 971-6-5573405
Fax: 971-6-5573407
http://www.lankaeagle.com/?p=6835
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"My business is not related to this story but my mindset was framed there. The village life still remains in my heart."
"I had my primary education at Pihimbiyagollewa School and passed the Grade Five Scholarship examination. Then I was sent to my father's village in Horana. I studied in President's College for four years up to grade nine. Due to the advantage of getting entrance to university from a difficult District, I studied for the Ordinary Levels from Nivanthakachethiya College in Anuradhapura and read for the Advanced Levels at Anuradhapura Central College."
"My father dreamt of making me an engineer. I was selected for the National Diploma of Technology of Moratuwa University in 1987. The years of 1987 and '88 were a dark time for our country. I was in Colombo and did home-visit tuition for Ordinary Level mathematics to earn an income."
"During this time, I studied for a course at the Sir John Kotelawala Academy and worked for the Ceylon Knit Trade, a subsidiary of the Hirdaramani Company. I learnt a lot of things from that Company."
"In 1989 I joined a Production Company in Ajman in Dubai as a Production Assistant despite the objection of my parents. By that time, going to Dubai meant menial jobs. That is why my father did not bless me. I came to the airport alone."
"I worked very hard, up to 14 to 16 hours a day. Then I joined a US trade operation company. I was promoted step by step as Production Assistant, Production Manager, General Manager and Country Manager."
"After 11 years of my stay in Dubai, I opened Nilona Apparels with 400 employees in the Sharjah free trade zone. Since we had a problem of providing food to the staff, I called my brother Chandana and we started a catering service. We provided catering services to a number of companies. My brother still runs that business. Meanwhile, I started a washing company under the name of Nilona. My experience as a Production Manager helped me immensely. After that, we opened Onex Industries which engaged in steel production and construction."
http://www.ceylontoday.lk/51-70607-news-detail-nandana-lokuvithana-from-rags-to-riches-the-village-lad-owns-us-260m-marriott-al-jadaf-dubai.html
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