The document summarizes an interview with Ashoka Siriwardena, Managing Director of Bitumix Private Limited. Some key points:
- Siriwardena started Bitumix in 2000 after identifying potential in Sri Lanka's road construction sector, which previously only had one private supplier of bitumen products.
- Under his leadership, Bitumix has become a leading producer of bitumen-based products in Sri Lanka through a focus on quality, technology, and customer service.
- He believes more regulation is needed to maximize benefits for local industries from Sri Lanka's ongoing construction boom, as they face competition from foreign players. Existing policies also need updating to reflect changing industry trends.
The document summarizes an interview with Ashoka Siriwardena, Managing Director of Bitumix Private Limited. Some key points:
- Siriwardena started Bitumix in 2000 after identifying potential in Sri Lanka's road construction sector, which previously only had one private supplier of bitumen products.
- Under his leadership, Bitumix has become a leading producer of bitumen-based products in Sri Lanka through a focus on quality, technology, and customer service.
- He believes more regulation is needed to maximize benefits for local industries from Sri Lanka's ongoing construction boom, as they face competition from foreign players. Existing policies also need updating to reflect changing industry trends.
The document summarizes an interview with Ashoka Siriwardena, Managing Director of Bitumix Private Limited. Some key points:
- Siriwardena started Bitumix in 2000 after identifying potential in Sri Lanka's road construction sector, which previously only had one private supplier of bitumen products.
- Under his leadership, Bitumix has become a leading producer of bitumen-based products in Sri Lanka through a focus on quality, technology, and customer service.
- He believes more regulation is needed to maximize benefits for local industries from Sri Lanka's ongoing construction boom, as they face competition from foreign players. Existing policies also need updating to reflect changing industry trends.
The document summarizes an interview with Ashoka Siriwardena, Managing Director of Bitumix Private Limited. Some key points:
- Siriwardena started Bitumix in 2000 after identifying potential in Sri Lanka's road construction sector, which previously only had one private supplier of bitumen products.
- Under his leadership, Bitumix has become a leading producer of bitumen-based products in Sri Lanka through a focus on quality, technology, and customer service.
- He believes more regulation is needed to maximize benefits for local industries from Sri Lanka's ongoing construction boom, as they face competition from foreign players. Existing policies also need updating to reflect changing industry trends.
The Newspaper of the Chamber of Construction Industry, Sri Lanka
AUGUST 2013 BY HANSANI BANDARA S ri Lanka, now at a stage of rapid economic development, is moving forward at an impressive rate in terms of construction. But as always the case in a booming segment, the construction industry too, sees a need for focused regulation. Regulation is needed to maximize benefits for local industries at the face of the current construction boom, where they are facing acute competition from foreign players in the local market opined Bitumix (Private) Limited Managing Director Ashoka Siriwardena in an exclusive interview with Ceylon FT. Being the founder of Bitumix (Pvt) Ltd, Ashoka is also the winner of the entrepreneur of the year award in 2012, and states that his success is a result of focused quality, technology and customer service. Commenting on the need for policy measures to aid and abet the development of the highly lucrative construction industry with so much potential, he added that existing policies need to be moderated in a regular basis to reflect changes in trends that are seen in the industry. Following is an excerpt of the interview with Ashoka Siriwardena. Q: What is your story as a stakeholder of this industry? A: My first job was at the production division of a local company and worked there for almost 14 years where I got promoted to the senior management level. Then I worked at another 2 local companies before migrating to New Zealand. I lived there for four years and came back to Sri Lanka at the end of 1999 with the hope of starting a new Company of my own. I was looking for ideas and opportunities and was able to identify the potential of the road construction sector. There was only one company to supply Bitumen products for Road Construction projects. From my childhood I had the dream of becoming my own boss. There are always limitations in implementing those new ideas generate within you when you work under someone. Today, I feel very proud of starting Bitumix and I am always content about the fact that I have done something to the industry and to the country as a whole. I have created employment and served many through our CSR work. It is not about how much money you make, but as a Sri Lankan company we have set some levels of standard and are always receptive to new thinking, because of this people who are newly joining the industry have to benchmark us. We have introduced improved products, earned foreign exchange through exports and saved by producing import substitutions. Q: Tell us about Bitumix Private Limited. The history and about Bitumixs journey so far A: At the end of 1999, I came back to Sri Lanka after four years long stay in New Zealand with the hope of starting my own business. As an entrepreneur I was looking for ideas and opportunities and saw that there was a huge potential in the sector of Bitumen supply to Road Construction. At that time there was only one private sector company to supply Bitumen products for road construction projects. Then in 2000, I made my dream a reality with the establishment of Bitumix (Pvt) Ltd. Bitumix implies the meaning of bitumen mixtures; the name itself explains what the company is offering. The first factory of Bitumix was opened at Kalagedihena to manufacture products used in road constructions and that was later expanded and developed to manufacture other bitumen based products used in civil engineering such as paints, coatings, fillers and industrial raw materials. In 2004 we pioneered the export of Bitumen based products from Sri Lanka under SAFTA agreement. Thus was the inception of Bitumix Exports Pvt Ltd. which exported Bitumen emulsions to India. Today, Bitumix is the leading producer of bitumen based products in Sri Lanka. In all the aspects of production; that is product spectrum, distribution points, service levels bitumix holds a leading position. We have currently based ourselves in Homagama, Kalagedihena, Medawachchiya and Hambanthota with factories in these areas. Q: What makes Bitumix stand out from the rest? A: One main point is that we are innovative in what we do. We encourage everybody to think out of the box. That is what the culture of our company is based on. Whatever we do, our staff always tries to come out with their innovative ideas. Also, we always stick to basics. If we promise a customer that we will deliver a quotation within half an hour, we prioritize the request and deliver it on time. We always deliver what we promise and this culture has provided us with significant returns. As a company, we focus in managing three main areas; Quality, Technology and Customer Service. We are ISO certified manufacturer in bitumen production. We have an in- house quality control team and well equipped laboratory to ensure our products meet the certified quality standards. We have a Technical Task Team comprising qualified personnel. Our customer complaint handling is very strong. There is a permanent technical consultant who is continuously advises us on improvements that should be made. We gain improved knowledge on technology by associ- ating Universities, professional associations and attending to inter- national conferences on new tech- nology. We have earned a name for on time delivery and serving customer orders very efficiently. We under- stand the needs of construction site and their work culture. We offer 24 hrs and 365 days work and strongly live up to our offer. We have a sys- tem to monitor on time delivery. We value extending our assis- tance to improve technical knowl- edge of our needy technical staff of our business stake holders. We pub- lish a quarterly newsletter named ZEEBRA on new Bitumen technolo- gy / improvements and distributed free of charge. Island-wide customer education programs are conducted where technicians and technical officers are educated through lec- tures by professionals in the industry on the effective use of bitumen prod- ucts. Q: You mentioned, the company is keen on innovation. What is the product innovation at Bitumix? A: We continuously look for new products to be introduced to the market. Recently we introduced Polymer Modified Bitumen to Sri Lankan Road construction industry for the first time. This we believe is a revolutionary step forward because Polymer Modified Bitumen can bring number of benefits related to service life, maintenance cost, safety and environmental issues. Polymer Modified Bitumen is a much improved version of bitumen which is produced to suit prevailing climatic and traffic conditions in Sri Lanka. This product under the brand name BITUPOL will be used on the construction projects very soon. Latest addition to our innovative product line is Colored Bitumen under the trade name COLORPAVE. This too is introduced first time in Sri Lanka. Colored Bitumen is used in many developed countries as a means of demarcating specially signed areas, car parks and etc, especially at a time where the government is keen on beautifying the cities this Colored Bitumen can be used in projects of city beautification. COLORPAVE is durable and adds a very elegant look to the surface. Q: What do you think is the current status of the Construction Industry and what impact has it had on Bitumix? A: As far as the road constructions are concerned, the boom is continuing. This was started about 6 years back and we are hoping the same trend will prevail for the next 4 to 5 years. There may be ups and downs in the market and in the volume of businesses, but when you take the overall picture we are definitely experiencing a healthy demand. Bitumix is taking the full advantage of the position to expand the business with forward, backward and lateral integrations while giving an strength to maintain the quality benchmark and business ethics. Q: How do you think the stakeholders of the industry can harness this growth of the Industry towards their advantage? A:There are many advantages for the domestic stakeholders, but the foreign construction companies enter the domestic Industry with their own funds and the government takes it as an added qualification. Therefore it appears the authorities are sometimes bound to give prefer- ence to these foreign companies over local companies. That definitely hampers the benefits that the local contractors should get in this kind of a situation, especially when it comes to post war development. That way we can see a threat developing. The government and the Chamber should do something to regulate this so that maximum benefits are reaped by the local stakeholders. Q: Do you think the country has effective policies when it comes to Construction Industry? A: According to the best of my knowledge there are enough policies concerning the Industry, but what should be done updating them to be in accordance with the current trend of the Industry. The policies should be effectively changed to meet current requirements of the industry. My observation is that lack of coordination between government authorities is a practical difficulty when it comes to construction projects. Contd. on page 9 The mirror effect Policies need to reflect changes in trends in the construction industry Bitumix MD Ashoka Siriwardena