At the outset, let me express my sincere gratitude to all the Share Holders for the continued trust and support. It is your unwavering belief in the Company that has enabled us to continue in the tough environment of the Infrastructure Industry and go from strength to strength every year. We are known today for our professionalism, integrity, reliability, innovativeness, deliver outstanding results ON TIME with economic prudence while constantly being environment friendly and having the ability to adapt and co-opt new technologies and management techniques.
RKEC Projects Ltd today means all the above and has earned the credibility and confidence of the market, our customers, peers and competitors. Whenever a customer has a difficult, technically challenging, complex project requiring very detailed planning, timely execution, management ingenuity along with sound economic / fiscal control they automatically think of us. This has been possible due to sincere efforts put in by the Team RKEC.
As we start a new phase/ a new adventure by becoming a Public Limited Company in the field of Marine Works, Bridges and Infrastructure Construction, we are aware of the tremendous opportunities and challenges before us, and I am sanguine that with the support of ALL Share Holders we will overcome and excel, and come out earning more laurels and accolades, and grow from strength to strength. I expect the company to grow from the present turnover of Rs. 240 Crores to Rs. 500 Crores in the next five years at an impressive growth rate of 25 percent. I am equally confident that all stakeholders and shareholders will revel in the journey of the growth and diversification of the Company.
I wish to end with a note of thanks to all our clients for there continued support. Your company would not have reached the current position without the encouragement and support received from all our Share Holders and Members of the Board.
I would like to assure you that Team RKEC is equipped to take on the emerging opportunities and to work relentlessly to fulfil the expectations of the Company''s Stake Holders.