The overall commitment of the Indian government under the project is 60,000 houses.
The downward yet stable movement of foreign exchange rates, conveyed a much-needed stability for businesses
Hand over Kandy Bogambara prison building to Dalanda Maligawa or use it for another investment project, minister says
The cumulative loss of the NHDA is close to 20 billion rupees, with a loss of 5 billion rupees made in last five years
No investor has come forward for Grand Hyatt, a hotel constructed with public money under ex-leader Mahinda Rajapaksa
UDA possesses land suitable for both domestic and foreign investments, providing opportunities for interested parties
Researchers raise concerns about the Beira Lake clean-up project
Cabinet approved a proposal by the UDA to transfer land with housing complex to the University of Colombo
Some slowdown seen in first half
Company also has operations in renewable energy and tea
The respondents mentioned that sizable projects are hardly available
The firm is on rating watch negative
Ranatunga believes price of 50 kg cement pack could be brought down by 400-500 rupees.
Factory can run at different levels of capacity
The buildings will then be leased to investors for tourism for 30-years
Islets off Kalpitiya approved
Also discussing tenants of retail mall
UDA to issue regulation
The MoU will be signed between Ministry of Public Administration, Department of External Resources and the foundation
The valuation of the two buildings is yet to be done.
Bank interest, import controls, customs duties and payment of government arrears
Sri Lanka's relationship with Saudi was hit by forced cremation under former president Gotabaya Rajapaksa
To jointly invest in several pilot projects
Construction firms had been operating in the Maldives and the Middle East during a 30-year war
The tower was initially opened in 2019, but triggered controversy over its purpose.
Industry experts say 70% of government construction projects are on hold now.