June, 13, 2015
Micro Constructions has gone before courts claiming that Japan’s Fujitec Corporation and its joint venture company Fujitec Lanka (Pvt) Ltd, the Board of Investment approved Sri Lankan subsidiary established by Micro Holdings Ltd to which the former government had awarded the tender for the supply and installation of high-speed elevators and escalators to the ‘Nelum Kuluna’ or Lotus Tower being constructed at D.R. Wejewardene Mawatha in Colombo, are preparing to transfer this tender to another company and for court to intervene in this issue and stop such a transfer.
Accordingly, the Colombo District Court recently issued an enjoining order preventing this tender from being canceled.
The construction contractors to the Lotus Tower, China’s CNEIEC Ltd and the Telecommunications Regulatory Commission (TRC) have been named as respondents.
The total height of the Lotus Tower being constructed by the Telecommunications Regulatory Commission at D.R. Wejewardene Mawatha in Colombo is 350 metres.