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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka seeks investors for D R Wijewardene Mw mixed development

Looking for investment proposals for the disposal of a 3-rood 13.85 perch plot of land

June 17, 2025 1 min read

SMI Point signs $22.4mn apartment complex in Sri Lanka’s commercial capital

The country has seen an uptick in apartment demand

May 26, 2025 1 min read

Sri Lanka construction sector expands amid stable prices: PMI

Sri Lanka Purchasing Managers’ Index for Construction (PMI - Construction) recorded a value of 54.3 in March 2025

May 1, 2025 1 min read

Sri Lanka asks India to raise FTA apparel export quota to 50mn pcs after Trump tariff

If not we have requested facilities to increase exports by 500 million dollars

April 8, 2025 4 min read
Sri Lanka residential land prices rise 12.4-pct in Colombo in H2 2025

Industrial land went up 8 percent in the second half of 2025, compared to the same period of 2024.

Sri Lanka to buy 75 motor graders for Rs1.4bn from United Tractors

The total cost of 1,424.25 million rupees is exclusive of Value Added Tax (VAT).

Sri Lanka approves US$500mn Shang Properties development: Minister

Sri Lanka has approved a 500 million US dollar mixed development project on state land in the capital Colombo which is t...

January 9, 2020 1 min read
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Sri Lanka hires Rohde Nielsen to nourish tourist beaches

Sri Lanka has hired Rohde Nielsen A/S of Denmark to nourish two beach stretches subject to severe erosion which is impor...

January 9, 2020 1 min read

Sri Lanka to give grants to build 14,000 houses for poor

Sri Lanka will give a grant of 600,000 rupees for 14,000 very poor families to build and repair houses, cabinet spokesma...

January 9, 2020 1 min read

Sri Lanka President orders quick construction permits

Sri Lanka's President Gotabaya Rajapaksa has asked agencies involved in approving construction permits to speed up their...

January 8, 2020 2 min read

Sri Lanka to deploy military as loosening transport permits triggers illegal sand mining

Sri Lanka's decision to liberalize the permits to transport of sand, granite and soil is being abused, with complaints o...

January 6, 2020 2 min read

MAGA Engineering wins Rs4.2bn Western Province road contract

Sri Lanka's MAGA Engineering (Pvt) Ltd has won a 4.2 billion rupee international tender to develop the roads from Kirula...

January 3, 2020 1 min read

Sri Lanka defends state land transfer to foreign investor

Sri Lanka's new administration is defending the sale of state land on a lease to a foreign investor for a 250 million US...

January 3, 2020 2 min read

Sotheby's says interest re-emerging in Sri Lanka properties

Sotheby’s International Realty, says investor interest in properties in Sri Lanka is re-emerging and it is looking to ...

January 2, 2020 2 min read

ICRA Lanka reaffirms Construction Guaranteed Fund [SL]A-

ICRA Lanka has reaffirmed the state-owned Construction Guaranteed Fund at [SL]A- with a stable outlook due to its well-e...

December 30, 2019 10 min read

Sri Lanka to get US$250m real estate FDI, US$43mn from land sale

Sri Lanka's cabinet has cleared a 250 million US dollars mixed development by an foreign investor who will also pay 43 m...

December 29, 2019 1 min read
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Sri Lanka approves US$250mn mixed-development project in Colombo

Sri Lanka's cabinet of ministers has approved a 250 million US dollar mixed development project in Colombo, a cabinet s...

December 20, 2019 1 min read

Sri Lanka's John Keells Holdings postpones Crescat refurbishment on Dec sales

Sri Lanka's John Keells Holdings (JKH) has decided to postpone the decision to refurbish the Crescat shopping mall due t...

December 17, 2019 2 min read

Sri Lanka facilitating first US$400mn investment at Port City: Cabraal

Sri Lanka is facilitating the maiden 400 million dollar investment at the newly reclaimed land at Port City in Colombo, ...

December 12, 2019 1 min read

Sri Lanka scraps licences for transport of sand, clay and gravel

Sri Lanka has removed the requirement of a permit for transporting sand, clay and gravel, the cabinet office said.

December 5, 2019 1 min read

Sri Lanka to draw foreign capital into infrastructure via BOT projects: Minister

Sri Lanka is looking to structure build operate transfer style agreements to bring foreign investments into expressways ...

December 3, 2019 1 min read

Sri Lanka tax cuts to boost growth amid concerns: report

A host of tax cuts by Sri Lanka's new government will provide an immediate boost to economic growth and corporate profit...

November 28, 2019 2 min read

Australian mineral sands firm increases Sri Lanka deposits with acquisition

Australian mineral sands miner Titanium Sands Ltd. will increase its resource base in Sri Lanka with shareholder approva...

November 26, 2019 1 min read

Sri Lanka's ACL buys 51-pct stake in cable firm for Rs481mn

Sri Lanka's ACL Cables said it plans to buy a 51 percent stake in another cable manufacturing company called Cable Solut...

November 26, 2019 1 min read

Brick export market promising, Sri Lanka ceramic industry told

Sri Lankan ceramic exporters have been told the export market for bricks in industrialised countries is very promising w...

November 26, 2019 1 min read

Sri Lanka cement production picks up

Sri Lanka's domestic cement production has risen 26.6 percent from a year earlier to 2.31 million tonnes in the first se...

November 25, 2019 1 min read