THE WORLD IS WITNESSING WITH ADMIRATION THE ASCENDENCY OF INDIA ON THE GLOBAL STAGE. THE COMING DECADE IS ALSO GOING TO HERALD THE TRANSFORMATION OF AFRICA AS A ONCE DEPRIVED CONTINENT TO BECOMING ONE FULL OF VIBRANCY, INNOVATION AND GROWTH. AS AFRICA MARCHES UNSTOPPABLY TOWARDS MODERNIZATION, I AM EXCITED TO SEE OIA WELL POSITIONED TO BE ITS NATURAL PARTNER IN THIS JOURNEY.
Over the last decade, OIA has been consistently building a forward-looking, award-winning organisation and is today one of the leading EPC contractors in India.
In a fast-changing world, we are embracing innovation and ideas in evolving itself, while remaining resilient in our endeavour to seek new vistas of value creation. At OIA, our values are at the heart of everything we do.
We stand by these values ardently to realise our business aspirations and continue to build on our core strengths to seek new opportunities in a challenging environment.
Our focus has always been to be a top-notch Engineering, Procurement and Construction (EPC) contractor for large and small projects by adopting innovative technologies. On our road towards developing and executing close to US $1 billion worth of projects, we have faced multiple challenges along the way, but we have faced them with maturity and courage. This gives us the confidence to diversify into new areas, both geographically and sectorally.
Africa is a rising force in the global economy and is a very exciting part of the world. Overall, its GDP is expected to rise by an average of 6% in the next decade. There is a growth in the level of investments, both, intra-African and foreign. Governments in Africa are supportive towards infrastructure projects. OIA believes in the future of Africa and is deeply committed to it.
The Africa experience and institutional strengths gained by OIA in the process has given us the inspiration to expand into India concurrently.
OIA is keenly focusing on the lucrative Indian roads and highways sector and is simultaneously identifying bankable opportunities in the promising water sector in India.
We recognise that OIA’s continued success is dependent on the hard work and initiative of its talented teams that is capable of understanding, financing and delivering large infrastructure projects. On behalf of the Board, I would like to express our thanks and appreciation to all of them for their sincere efforts.
I would also like to thank all our business partners, including our Consortium Bankers, Project Financiers, our clients across Africa, our suppliers and all others who engage with us, for their whole-hearted support. We look forward to their continued support in the future.
Mr. Ajai Vikram Singh