Measures have been taken to expedite the construction of the Port Access Elevated Highway (PAEH) and other priority road projects across the country, Highways Minister Kanaka Herath said.

Minister Herath has advised the Director in cha…

Sri Lanka’s condominium sector is observed to be gradually moving towards a positive growth trajectory, after a few months of slowdown and is witnessing fresh interest from the homeowner market segment.

Condominium Developers Associa…

The construction work of the International Financial City (Financial District) at the Colombo Port City will commence end of the year.

The management is awaiting approval of final documents from the government to commence construction…

Sri Lanka’s construction sector is expected to demonstrate resilience compared to other economic sectors largely due to the existence of sufficient projects, reasonably priced raw materials and funding, a report by ICRA Lanka said yes…

Cabinet approval has been granted to a proposal made by Port and Highways Minister Johnston Fernando to allocate Rs. 5 billion for the continuation of project implemented by the Government fulfilling a pledge made by the President in his “…

The Port City Project says that several foreign companies have expressed their willingness to invest in the Colombo Port City.

According to the CHEC Port City Colombo (Pvt) Ltd through China Harbour Engineering Company (CHEC), the Colom…

Sri Lankan President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa officially opened an extension to the country’s extension of Southern Expressway that will link the country’s main ports and airports.

The rib…

Construction of the building complex in Colombo Port City will commence in the middle of this year at a cost of 15 million US dollars and the first phase is expected to be completed by 2023, the President’s Media Division said.

China Communic…

Prime Minister Ranil Wickremesinghe yesterday argued that unlike previous governments, many projects had been implemented since 2015, but the Government had not spoken about their accomplishments as much as previous administration…