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Monday November 9th, 2026
Construction and Real Estate

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 to use Rs1bn of OPEC fund loan to improve Embilipitiya road

"This section of the road will provide access to several tourist attractions"

Prime Lands buys land in Bambalapitiya, Sri Lanka for Rs3.5bn

Land at Bambalapitiya Station Road

Demand high for Sri Lanka Grade A property

ECONOMYNEXT – Demand for high-end commercial space in the Sri Lankan capital Colombo remains high, with top comme...

March 30, 2017 2 min read

Sri Lanka to call for tenders to mine quartz deposit

ECONOMYNEXT – Sri Lanka is to call for open international tenders to mine a rich vein quartz deposit in the south...

March 29, 2017 1 min read

Sri Lanka to seek investor for 14.5 acre land in capital

Sri Lanka's cabinet of ministers had given the nod to seek an investor for a 14.5 acre land in a suburb of the capital C...

March 26, 2017 1 min read

Sri Lanka's HNB cautious on condos; sees prospects in middle range

Sri Lanka's Hatton National Bank is closely monitoring property lending to minimize risks in the case of a bubble, but s...

March 15, 2017 3 min read

Sri Lanka’s RIL Property to list in Rs960mn IPO

ECONOMYNEXT - RIL Property Limited (RIL), a developer, owner and operator of commercial office space in the Sri Lankan c...

March 10, 2017 2 min read

Shangri-La Sri Lanka says over half of Colombo apartments sold

More than half the units in the luxury apartment and hotel complex Shangri-La Hotels and Resorts is building in the Sri ...

March 9, 2017 2 min read

Sino Great Wall Engineering to build Dusit Thani Sri Lanka beach property

China’s Sino Great Wall International Engineering has got the contract to build a high-rise five-star beachfront ...

March 7, 2017 3 min read

Sri Lanka seeks turnkey contractor for U$68mn Heda Oya reservoir

Sri Lanka will call bids to choose a turnkey contractor who will build a reservoir that can store 147 million cubic metr...

March 6, 2017 1 min read

Lee Hedges drops Rs2.8bn Sri Lanka serviced apartment project

ECONOMYNEXT - Sri Lanka's Lee Hedges Plc said it will not proceed with a planned Rs2.8 billion multi-storied serviced ap...

February 27, 2017 1 min read

India starts Sri Lanka tea estate housing project

ECONOMYNEXT – Construction work has begun on a housing project for tea estate workers in Sri Lanka’s centr...

February 14, 2017 1 min read
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Sri Lanka's Walkers MTD says Ascent apartments sold out

MTD Walkers Plc says Ascent, an apartment complex near two popular boys schools in Sri Lanka's capital Colombo, were sol...

February 7, 2017 1 min read

China Gezhouba Group given Rs161bn Sri Lanka expressway deal

Sri Lanka has awarded China Gezhouba Group a 161.61 billion rupee deal (1.06 billion US dollars) to build an expressway,...

February 5, 2017 2 min read

Sri Lanka's Alumex December net up 5-pct to Rs191mn

ECONOMYNEXT - Sri Lanka's Alumex Plc, an aluminium extrusions firm, said December 2016 net profit rose 5 percent to Rs19...

February 2, 2017 1 min read

Sri Lanka expressway contractors should win foreign business: PM

Domestic contractors that were given deals to build sections of Sri Lanka's central expressway should go out and win for...

February 2, 2017 2 min read

Sri Lanka cement production, imports sharply up in 2016

Sri Lanka's cement production and imports were up 28.4 percent to 6.5 million tonnes by October 2016, from a year earlie...

January 31, 2017 1 min read

Infrastructure building seen main growth driver in Sri Lanka

ECONOMYNEXT - Infrastructure construction, funded mainly by foreign investors, is likely to be the main growth driver in...

January 30, 2017 2 min read

Investors bid to develop Sri Lanka landfill on prime property

ECONOMYNEXT – Sri Lanka’s Urban Development Authority (UDA) is evaluating proposals from investors to deve...

January 17, 2017 1 min read

Sri Lanka Royal Ceramics invests nearly a billion rupees in expansion

ECONOMYNEXT – Sri Lankan tile and sanitary ware maker Royal Ceramics Plc (RCL) said it will invest nearly a billi...

January 16, 2017 1 min read

Sri Lanka’s Access invests Rs2.3bn in commercial, apartment complex

ECONOMYNEXT – Sri Lanka’s Access Engineering said it has invested Rs2.3 billion in a joint venture with fo...

January 11, 2017 1 min read

Sri Lanka's Bank of Ceylon sells out of Mireka Capital Land

Sri Lanka's Overseas Realty (Ceylon) Plc, said it had bought a 40percent stake in a property unit from state-run Bank of...

December 31, 2016 1 min read