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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka land prices will come down in the future: Minister

Land prices in Sri Lanka will come down due to gifting deeds and long-term leasing of lands to investors

February 13, 2024 2 min read

Sri Lanka to lease plantation lands to export-related businesses

Lands held by the State will be provided on a long-term lease to businesses with a focus on export activities

February 13, 2024 1 min read

Land deeds for plantation families too: Minister

After Urumaya, Estate Infrastructure Minister pushes for land rights of estate people

February 10, 2024 2 min read

Sri Lanka to repurpose 5,000 acres of Cement Corporation land

Sri Lanka Cement Corporation, with 5,000 acres of land rich in mineral resources, is on the verge of being restructured

February 8, 2024 2 min read
Sri Lanka reopens all major roads after Ditwah, Kandy road in daytime

RDA staff are blasting rocks overnight on Kandy road

Sri Lanka construction expands in October 2025: PMI

With many respondents reporting an increase in government-funded projects, New Orders rose from September to October.

Maga Engineering top contractor for ADB projects in Sri Lanka

Sri Lanka’s Maga Engineering Pvt. Ltd. construction group has emerged as the top contractor for Asian Development...

May 4, 2018 1 min read

China Harbour to build luxury apartment says Sri Lanka's Blue Mountain

Sri Lanka-based Blue Mountain, a property developer said China Harbour Engineering Corporation (CHEC) has signed a deal ...

April 27, 2018 1 min read

Renuka Tower mixed development project begins in Sri Lankan capital

ECONMYNEXT – Sri Lanka’s Renuka Holdings group said one of its subsidiaries had started construction work ...

April 25, 2018 1 min read

Sotheby's real estate advisory to set up Sri Lanka office

Sotheby's International Realty, a premium property advisory firm said it is starting an office in Sri Lanka's capital Co...

April 13, 2018 1 min read

Building rules ready to sell Chinese ‘Port City’ project land in Sri Lanka

ECONOMYNEXT – A Chinese firm doing a US$1.4 billion reclamation project in the Sri Lankan capital Colombo has pre...

April 11, 2018 1 min read

Sri Lanka's Ceylex wins water supply construction deal

Sri Lanka's Ceylex Engineering (Pvt) Ltd, and India's Prathiba Industries had won a deal to build a water supply project...

March 31, 2018 1 min read

Protectionism not sustainable, Sri Lanka ceramic industry told

ECONOMYNEXT – Sri Lanka’s ceramic industry, especially the highly protected tile sector, should have an in...

Rohan Gunasekera
March 16, 2018 2 min read

Sri Lanka's Industrial Asphalts leases out flood-hit site

ECONOMYNEXT – Sri Lanka’s Industrial Asphalts (Ceylon) (IAC) has leased out the site of its plant where op...

March 5, 2018 1 min read

Land price inflation in Sri Lanka’s Colombo district slowing

ECONOMYNEXT – Land prices in Sri Lanka’s Colombo district, where the capital is, rose over ten percent in ...

March 2, 2018 1 min read

Sri Lanka prime property prices seen peaking

ECONOMYNEXT – Land prices in the central business district of the Sri Lankan capital Colombo appear to be peaking...

February 28, 2018 2 min read
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US Dollar 331.7485 330.8514
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Japan's Taisei Corporation gets Sri Lanka expressway deal

Japans' Taisei Corporation has won the bid to build part of an expressway to central Sri Lanka for which a 100 billion y...

February 21, 2018 1 min read

Sri Lanka's Access Engineering wins Rs3bn nanotech park deal

Sri Lanka's Access Engineering Plc has won a 3.0 billion rupee deal to expand a nanotechnology park, from Sri Lanka's mi...

February 1, 2018 1 min read

Sri Lanka's Catalina villas to be trailblazer for retirement community industry

Catalina Koggala, an upmarket villa development targeting over-50s buyers is aiming to be a trail blazer in kindling a r...

January 31, 2018 3 min read

Sri Lanka to expand Galle Face green, new access route to Port City

Sri Lanka will expand Colombo's Galle Face Green by 30 meters and a new access route will be built to Colombo port from ...

January 26, 2018 1 min read

China Harbour to break ground billion dollar towers in Sri Lanka in June: Minister

China Harbour Engineering Company (CHEC) expects to break ground on a billion US dollar 60-floor triple tower project at...

January 25, 2018 1 min read

Sri Lanka Railways to improve returns on land holdings

ECONOMYNEXT – Surveys of land holdings owned by Sri Lanka Railways are to be conducted to improve management of i...

January 18, 2018 1 min read

Denmark's Rohde Nielsen wins Sri Lanka sea sand dredging deal

ECONOMYNEXT - Rohde Nielsn A/S, a Denmark based company had won a 20 million US dollar deal to dredge sea sand in Sri La...

January 11, 2018 1 min read

China to invest a billion dollars in three towers at Sri Lanka's reclaimed city

China will invest $1 billion in the construction of three 60-storey buildings at a mega-project near Sri Lanka's main po...

January 2, 2018 2 min read

Sri Lanka's Maga Engineering wins Rs4.5bn wholesale market deal

Sri Lanka's Maga Engineering Pvt Ltd, has won a 4,507 billion rupee deal to construct a wholesale bazaar outside the cap...

December 24, 2017 1 min read

Sri Lanka ties up with China Harbour to fund billion dollar financial building

Sri Lanka has tied up with China Harbour Engineering group the sea near the capital Colombo seek funds for a billion dol...

December 22, 2017 1 min read