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Lalith Kotelawala, Chairman of Ceylinco Consolidated and Ceylinco International Investments and Loh Wal Kiew (Ms), the President and Chief Executive Officer of SembCorp Waste Management Pte. Ltd. (SembWM), signed a Memorandum of Understanding (MoU) on September 2, in Colombo to explore possibilities in offering waste management services together in Sri Lanka.

Under the Memorandum of Understanding Ceylinco and SembWM will jointly address the Expression of Interest by a Cabinet appointed Negotiating Committee to provide Sri Lanka with an integrated and sustainable waste management system.

In the recent past, waste management has become a critical issue particularly for Colombo, the suburbs and other major urban centres in the country. Unplanned disposal of all types of waste, including household, medical and other hazardous refuse has resulted in major environmental problems and a considerable constraint on the resources of local governments and Municipal Councils in the country.

Ceylinco has the distinction of being the targets conglomerate in Sri Lanka. Ceylinco Consolidated consists of over 100 subsidiaries with more than 350 offices and 23,000 employees in diverse industries such as insurance, banking and finance, real estate and property development, security services, jewellery production, information technology and leisure. The Group's alliances with prominent international corporations are supported by a network of 15 branch offices in 11 countries. SembWM is Singapore's largest waste management company. SembWM is also one of the five key businesses of SembCorp Industries, a S$3.2 billion engineering services group listed on the Singapore Exchange.

SembWM is a leading provider of waste management services and solutions to industries, Municipalities and governments in the Asia Pacific region. With over a decade of experience and technical expertise in waste management, SembWM provides turnkey services ranging from planning, consulting, permitting and design, to construction and operation.

SembWM's principal activities include collection and post-collection of domestic, industrial, commercial, construction, medical and liquid waste, recycling and reuse, industrial and street cleansing, waste-to-energy incineration, land-filling and composing, consultancy and engineering.

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