An Echelon Media Company
Monday November 9th, 2026
Construction and Real Estate

Bay One Residences Colombo launched in Sri Lanka's China-backed Port City

Billed as first real estate project in the special economic zone

January 23, 2026 1 min read

Sri Lanka seeks national policy, new authority to protect central highlands

Efforts are underway to establish a new integrated framework, bringing together all relevant parties

January 22, 2026 1 min read

Sri Lanka to extend Baseline Road to Dutugemunu Street

Implementation of Phase III of the Baseline Road extension project

January 20, 2026 1 min read

Sri Lanka eyeing foreign labour as construction recovery triggers 20,000 shortfall

"There a large number of youth in villages waiting for jobs. On the other hand there are vacancies in the construction"

January 16, 2026 3 min read
Sri Lanka approves railway electrification project for high-density corridors

The initiative also includes upgrading station infrastructure

Sri Lanka looks for international investors for 108 acres near southern port

Land in Hambantota for an industrial and container related project on a 50-year lease basis

Sri Lanka UDA to build housing in Colombo with Chinese help, digitize land inventory

UDA possesses land suitable for both domestic and foreign investments, providing opportunities for interested parties

October 27, 2023 2 min read

Researchers cast doubt on Beira Lake neutralisation project

Researchers raise concerns about the Beira Lake clean-up project

Nethmi Rajawasam
September 16, 2023 3 min read
1

Sri Lanka's UDA to transfer land with housing units to Colombo University

Cabinet approved a proposal by the UDA to transfer land with housing complex to the University of Colombo

September 12, 2023 1 min read

Sri Lanka's Colombo district land values up 15-pct

Some slowdown seen in first half

August 23, 2023 1 min read

Sri Lanka's Hunas Falls to invest US$12mn to refurbish hotel

Company also has operations in renewable energy and tea

August 20, 2023 1 min read

Sri Lanka construction industry down, but helped by deflating material prices: PMI

The respondents mentioned that sizable projects are hardly available

July 31, 2023 1 min read

Sri Lanka Construction Guarantee Fund pressured by spending squeeze: Fitch

The firm is on rating watch negative

July 30, 2023 5 min read

Sri Lanka in discussion with Indian, Pakistan firms for cheaper cement - Housing Minister 

Ranatunga believes price of 50 kg cement pack could be brought down by 400-500 rupees.

June 23, 2023 2 min read
2

Sri Lanka's Lanka Special Steels boosts GI capacity

Factory can run at different levels of capacity

Melkishiya Andrew
June 14, 2023 2 min read

Sri Lanka to move President, PM offices, heritage buildings for tourism: report

The buildings will then be leased to investors for tourism for 30-years

June 11, 2023 2 min read
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Sri Lanka gets go ahead for water villa development: Minister

Islets off Kalpitiya approved

May 28, 2023 1 min read

Sri Lanka's JKH in talks international operators over gaming strategy

Also discussing tenants of retail mall

May 24, 2023 2 min read

Sri Lanka to ban building above 4 stories in Nuwara Eliya

UDA to issue regulation

April 25, 2023 1 min read

Sri Lanka links up with Korea for rural development

The MoU will be signed between Ministry of Public Administration, Department of External Resources and the foundation

March 28, 2023 1 min read

Sri Lanka UDA to take back Krrish, Destiny, non-operational buildings in lands it owns

The valuation of the two buildings is yet to be done.

Melkishiya Andrew
March 16, 2023 2 min read
2

Sri Lanka to set up committee to solve construction industry problems

Bank interest, import controls, customs duties and payment of government arrears

February 16, 2023 1 min read

Sri Lanka eyes Saudi investments for energy, real estate, Port City - Foreign Minister 

Sri Lanka's relationship with Saudi was hit by forced cremation under former president Gotabaya Rajapaksa

January 24, 2023 2 min read
1

Saudi Arabia's Ajlan to join China's CHEC to invest in Sri Lanka Port City

To jointly invest in several pilot projects

December 20, 2022 1 min read
1

Sri Lanka construction contractors look for foreign projects as currency crisis slams sector

Construction firms had been operating in the Maldives and the Middle East during a 30-year war

December 14, 2022 2 min read

Sri Lanka's Chinese-built Lotus Tower limits visiter time to 20 minutes

The tower was initially opened in 2019, but triggered controversy over its purpose.

Neshella Perera
September 15, 2022 2 min read