Blue Ocean Group Chairman's Message

chairman-thumilan

Mr. Sivarajah Thumilan

ACA, ACCA, ACMA (UK), CGMA, CPA (AUS), MCSI (UK), FMAAT (SL), ACS

Blue Ocean Group is an international company involved in Real Estate, Construction, Engineering, Education, & Garments. We specialise in creating cutting-edge architectural building designs and undertake all aspects of the development of high quality residential, commercial, industrial and government construction.

Our Group has embarked on a clear strategic path, set by professionally qualified and experienced corporate planners and continues performing well in line with expectations despite many challenges. We will proceed to build and maintain our position as a strong global brand. In the last two years we have managed to strengthen our reserves, increase our turnover, and improve our capital position. Blue Ocean Group will continue on track towards sustained profitability and the creation of new business opportunities for the company and our customers around the world.

One of the greatest assets of Blue Ocean Group is its high quality human resources, consisting of Chartered Professionals such as Architects, Engineers and Accountants. All well experienced in their respective fields.

The property market in Sri Lanka is currently thriving, and as a result, property owners now experience higher appreciation in property values. The Government deserves credit for implementing favourable measures for the growth of the economy, which helps increase the demand for property. Firstly, by introducing lower lending rates which enable property buyers to obtain loans at lower cost. Secondly, by boosting inflow of extended-stay foreign visitors to the island, such as students, medical officers, industrial contractors and potential business initiators which indirectly increases the demand for apartments. This enhances rental income as well as property values.

The construction industry is riddled with unscrupulous builders who adopt a “hit and run” approach with their customers. Many of them do not possess the qualifications, competent staff, finances or access to good quality building materials. This results in cost and time over-runs and customer dissatisfaction. On the other hand, the Blue Ocean vision is “To be the most highly respected and ethical company in the industry,” whilst opposing such builders and safeguarding the ethics in the industry.

To achieve our vision, we have to build, maintain, protect and enhance our reputation as the most ethical, efficient and trusted company among our employees, clients, customers, supply chain partners, investors and the community at large. Lead by Management, our robust approach to corporate responsibility, has ensured delivery of the highest quality on time and under budget.

Wherever you go, whatever you do, our mark of excellence is right beside you. As one of the largest companies in the country, Blue Ocean Group provides products and services that are in touch with you every day. This would not have been possible without the vision or values that drive our business as we work to keep the world’s fastest growing economy moving forward.

Blue Ocean Group operates under sound corporate governance and carries out all its business dealings with honesty and transparency in an ethical manner. That is why our customer base is expanding daily and our businesses are thriving locally and globally.