Case Study on MAGA Engineering (Pvt) Ltd.,:
Background: The pilot project was led by the Sri Lanka Standards Institution (SLSI) the National Standards Body of Sri Lanka. SLSI was established in 1964 under the Bureau of Ceylon Standards Act and now functions under the Ministry of Technology and Research. As a member of ISO, SLSI exchanges copies of its national standards on a reciprocal basis with other national standards bodies, and is responsible for disseminating information on standards, technical regulations and standards-related activities to the community at national level.
Objectives: Even though standardization activities in Sri Lanka have contributed to trade, industry and socio-economic development over several decades, there has been no systematic study of the impacts and benefits of standards in quantitative and monetary terms. It was recognized that participation in this pilot project would help SLSI address the issue to enable private and public sector stakeholders to appreciate the economic and social impacts of voluntary consensus standards better, and raise the awareness of policy makers and business leaders of the importance of standardization..
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