Edward and Christie expands into maritime sector with Dolphin Marine acquisition

Leading infrastructure development company, Edward and Christie Pvt Ltd, has acquired a 60% stake in Dolphin Marine Lanka Pvt Ltd, marking its strategic expansion into Sri Lanka’s fast developing shipbuilding and repair industry. This move aligns with Edward and Christie’s vision of diversifying beyond its core construction business to support the country’s industrial growth.

Signifying the expansion, Dolphin Marine Lanka and Edward and Christie celebrated the keel laying ceremony for two steel ferries commissioned by the Road Development Authority (RDA). The event, attended by RDA officials and key stakeholders, symbolized the start of construction for ferries serving the Kurinchakarney Lagoon and the Kurikadduwan-Nainatheivu route, enhancing transportation efficiency, safety, and connectivity, benefiting local communities and travellers.

Edward and Christie considers this acquisition as part of a long-term strategy to integrate SMEs and strengthen the Maritime sector. Cristy Arawwala, Chairman of Edward and Christie and now Dolphin Marine Lanka stated, “Recognizing the significance of evolving global markets, we remain committed to expanding into high-potential sectors. This acquisition is one such major step in our strategic journey.”