The Hon. Bimal Rathnayake
Bimal Rathnayake tabled a written answer on the status of Maga Neguma companies, stating that production and construction activities have ceased and only winding-up-related functions, security, and custodial work continue with minimum staff. He said Cabinet decisions in 2023 and 2025 provide for winding up the companies and releasing certain plants to State or semi-State institutions on a tax-waiver basis, subject to legal authorization. The answer detailed the status of the Road Construction Equipment, Emulsion Production, and Consultancy and Management companies, including plans to recommence the emulsion plant under the Road Development Authority. It also listed assets at the Ganewalpola yard, valued in September 2024 at Rs. 91 million for plants and Rs. 72.71 million for vehicles, while noting that pending court cases prevent their use without court permission.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Deputy Speaker, I table the Answer to that Question.
¶ 02 (a)
¶ 03 No production or construction activities are being carried out, but activities related to winding up are underway.
¶ 04 A minimum number of employees are being maintained under assignment of duties for the purpose of winding up. No production or construction activity is being carried out.
¶ 05 (a) Maga Neguma Road Construction Equipment (Pvt) Ltd. – All employees have been retired. Prior to winding up, matters such as payments due to suppliers for goods supplied for the Road Development Authority have been handed over to the Road Development Authority.
¶ 06 Maga Neguma Emulsion Production (Pvt) Ltd. – Steps to recommence the emulsion plant under the Road Development Authority have been decided; repairs are underway and preparatory work for resumption is in progress.
¶ 07 Maga Neguma Consultancy and Management (Pvt) Ltd. – This company is under the Road Development Authority for utilization.
¶ 08 (iii)
¶ 09 Maga Neguma Road Construction Equipment (Pvt) Ltd. – A minimum number of employees are retained for security and custodial responsibilities at the relevant yards.
¶ 10 Work yards, security sections, minimum staff maintained: 1. Peliyagoda – 05 staff, 01 security 2. Ganewalpola – 06 staff, 02 security 3. Kundasale – 03 staff, 01 security 4. Ambalangoda – 04 staff, 01 security 5. Mayurapura – 01 staff, 01 security 6. Ranamayurapura – 01 staff, 01 security 7. Weerawila – 01 staff, 01 security
¶ 11 (b)
¶ 12 (i) Maga Neguma Emulsion Production (Pvt) Ltd. – Winding up is not yet completed; only the building of the former Head Office at Angulana is currently closed and not in use.
¶ 13 (ii) Yes.
¶ 14 (iii) It is at an inactive level.
¶ 15 (iv) As per Cabinet Memorandum No. 23/0394/608/033 and the Cabinet decision dated 2023.03.20, Maga Neguma companies are to be wound up.
¶ 16 (v) The number of plants at the Ganewalpola yard is 04: 1. Premix plant – 01 2. Crusher plant – 01 3. VSI crusher plant – 01 4. Concrete plant – 01
¶ 17 The number of vehicles parked at Ganewalpola yard is 338. They are as follows:
¶ 18 No. | Description | Registration Number 1 | Motor Lorry 6 Wheel - Tipper | LJ-3845 2 | Motor Lorry 6 Wheel - Tipper | LH-6959 3 | Motor Lorry 6 Wheel - Tipper | LH-6943 4 | Motor Lorry 6 Wheel - Tipper | LH-6949 5 | Motor Lorry 6 Wheel - Tipper | LH-9528 6 | Motor Lorry 6 Wheel - Tipper | LO-5864 7 | Motor Lorry 6 Wheel - Tipper | LO-5865 8 | Motor Lorry 6 Wheel - Tipper | LO-5866 9 | Motor Lorry 6 Wheel - Tipper | LO-5868 10 | Motor Lorry 10 Wheel - Tipper | LJ-6543 11 | Motor Lorry 10 Wheel - Tipper | LI-5465 12 | Motor Lorry 10 Wheel - Tipper | LI-5464 13 | Motor Lorry 10 Wheel - Tipper | LI-1542 14 | Motor Cycle | WQ-3379 15 | Tractor | RB-0663 16 | Tractor | RB-8304 17 | Tractor | RB-9242 18 | Trailer | Bowser 19 | Air Compressor | MAC 004 20 | Air Compressor | MAC 011 21 | Air Compressor | MAC 012 22 | Wheel Loader | MWL 002 23 | Wheel Loader | MWL 004 24 | Wheel Loader | MWL 005 25 | Excavator | MEX 101 26 | Excavator | MEX 104 27 | Excavator with Breaker | MEX 114 28 | Excavator | MEX 115 29 | Excavator | MEX 116 30 | Excavator with Breaker | MEX 117 31 | Excavator | MEX 118 32 | Generator (Ganewalpola) | MGEN-010 33 | Barge | MFB-001
¶ 19 (vi) According to the valuation done in September 2024 by officers of the Road Development Authority together with officers of Maga Neguma Road Construction Equipment (Pvt) Ltd.:
¶ 20 - Value of plants at Ganewalpola yard – Rs. 91,000,000.00 - Value of vehicles parked at Ganewalpola yard – Rs. 72,710,000.00
¶ 21 (vii) Yes.
¶ 22 However, due to several court cases filed against the institution by service providers, these items cannot be utilized without leave of Court.
¶ 23 (viii) By Cabinet decision No. AMA/25/0858/809/064 dated 2025.05.19, in the process of winding up the company, it has been approved to release those plants on the basis of a tax waiver to State/semi-State institutions. Accordingly, necessary steps are being taken to obtain legal authorization.
¶ 24 (ix) As there is a pending case in the Commercial High Court of Colombo bearing No. CHC/32/23/CO, it is not possible at present to state the timeline for transfer.
¶ 25 (x) It depends on the judgment in the said case CHC/32/23/CO pending in the Commercial High Court of Colombo.
¶ 26 (c) Not applicable.
Provenance
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- Hansard, Wednesday, 24 September 2025 ·No. 1759815459006615 ·English daily/uncorrected Hansard
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- not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
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Cite as: The Hon. Bimal Rathnayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 24 September 2025. No. 1759815459006615. Politick, https://staging.politick.io/lk/speeches/20788