An Echelon Media Company
Monday May 17th, 2021
Construction and Real Estate

Sri Lanka to borrow US$200m from ADB to upgrade rural roads

It is a tranche of a $900 million project.

4 minutes

Sri Lanka PM flags off Rs54bn Ruwanpura Expressway

The 54.7 billon contract was awarded to Sri Lanka-based Maga Construction.

2 min read

Sri Lanka seeks construction partnerships with Nepal

Companies showcase expertise in green construction, urban infrastructure hydro-power, soil and geology,

1 min read

Sri Lanka's UDA takes over Kolpetty market

40-storey building planned as PPP will give existing shop owners places in a new shopping mall

1 min read

Sri Lanka's Prime Lands Residencies to raise up to Rs2bn in IPO

Colombo Stock Exchange said it had approved an initial public offer by Sri Lanka's Prime Land Residencies Limited, a property developer to raise up to...

Sri Lanka's Cinnamon Life completes residential tower, 30-floor office block

Sri Lanka's Cinnamon Life had completed construction of one residential tower with 196 apartments and an 30-floor office tower, John Keells Holdings s...

Sri Lanka's Mullen Lowe to re-design office for inspiration, creativity

MullenLowe Sri Lanka, an advertising firm said it is designing its new premises to inspire collaboration, creativity and...

2 min read

Sri Lanka starts building 28km, U$244 million irrigation tunnel

Sri Lanka's President Gotabaya Rajapaksa has kicked off the construction of a 28 kilometre long irrigation tunnel costin...

1 min read

Sri Lanka to invite investors for BOT port warehouse complex

Sri Lanka's Minister of Ports and Shipping was given the go ahead to call investors to build a warehouse in the capital ...

1 min read

Sri Lanka to invite investors for elevated BOT highway in Colombo

Sri Lanka's will call investors for a fully foreign funded elevated highway in the capital Colombo to be built as a Buil...

1 min read

Nathaniel Rothschild visits Sri Lanka Port City

Nathaniel Rothschild, a member of a Europe-based investment banking family, had visited Sri Lanka's Port City as part o...

1 min read

Sri Lanka's Browns and China Harbour ink deal for Port City towers

Browns Investments said it had inked a deal to join China Harbour Engineering in a 450 million dollar mixed development ...

2 min read


Sri Lanka's Port City says Covid-19 positive China workers linked to another site

CHEC Port City Colombo, which has reclaimed the sea off Sri Lanka's capital says four workers from China that tested pos...

2 min read

China construction workers in Sri Lanka hit by Coronavirus

Four Chinese nationals working in a construction site in Sri Lanka's capital Colombo and two locals have been confirmed ...

1 min read

India ITC hotel Covid-19 workers in Sri Lanka for over a year

Construction workers linked WelcomHotels Lanka (Pvt) Ltd, a unit of India's ITC group has been resident in Sri Lanka for...

1 min read

Sri Lanka rents falling on expat exit, Covid-19 but low rates help real estate buys

Sri Lanka's Coronavirus crises and an exit of expatriates have lowered rents but real estate is attractive medium to l...

Tania Madies

8 min read

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Sri Lanka real estate outlook in Echelon online forum LIVE NOW

Sri Lanka's real estate investments will be under the spotlight in a Echelon Decodes live forum at 1530 hours today (Oct...

1 min read

Sri Lanka to invite investors to build multi-storey PPP car parks in Colombo, key towns

Sri Lanka will call invite private investors to build multi-storey car parks as public private partnerships with the Urb...

1 min read

Sri Lanka state company to own, finance expressways

Sri Lanka will set up a state-run company to own and self-finance expressways which may require financing of around 0.5...

1 min read

Sri Lanka's John Keells launches luxury houses at Troon-run golf resort

Sri Lanka's John Keells Properties said it will build townhouses and luxury villas at Victoria Golf and Country Resort, ...

2 min read

Sri Lanka mall cuts rents in Coronavirus downturn, stock price soars

Sri Lanka's CT Land Development Plc, a property developer that runs Colombo's Majestic City mall said it was cutting ren...

3 min read

Sri Lanka's Kelsey Homes says starting 300 unit gated community

Sri Lanka's Kelsey Homes says it is launching a 300 unit housing project in Ja Ela, after the first phase of 70 units wa...

2 min read


Sri Lanka's Access Engineering wins Rs9.3bn UDA housing deal

Sri Lanka's Access Engineering Plc has won a 9.37 billion rupee housing deal from the Urban Development Authority, the s...

1 min read

Deadly building collapse in Kandy sign of weak regulation - NBRO

The building that collapsed in Kandy killing an infant and two adults may not have been built according to specification...

Arjuna Ranawana

2 min read

Sri Lanka's China backed project puts reclaimed land on the market for services FDI

Sri Lanka's Colombo Port City, a project financed by China-based business group has placed 13 blocks of prime land recla...

3 min read

US sanctions on China firms will not affect investments in Sri Lanka's reclaimed port city...

Colombo Port City, where investors will get land from the government of Sri Lanka are not part of United States sanction...

3 min read

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