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.
Unjustified protectionism has created a monopoly for a few players with dire consequences on an entire industry
Steel prices up 350-pct, tiles up 300-pct and some fittings up 500-pct
Approved condominiums, mixed development projects, approved hotels and government projects
Over 29 local companies had participated in the virtual meeting
A lot of apartments are coming up and if there are no buyers there can be a crisis
The hotel to be built in Colombo 03, will have 652 rooms
We expect the company to face near-term challenges from the weak domestic economy
Plans to complete within 36 months
The contract is given on a design, build, finance and transfer basis
Festival of Pongal represented shared civilizational ties between the two countries
It is not a day dream. It is being realized day by day
The project aims to provide housing to lower income families who don’t own land and have to rent a house.
The total cost for the project is 55,000 million rupees, according to the president’s media division (PMD).
The Group has commenced discussions with key tenants for the retail mall
At the moment several mini-malls and cinemas are held through a number of subsidiaries
Mixed development with urban residential, cultural and recreation facilities
4 acres to be given for offices, foods stalls and car park
Near double digit growth
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