TOMORROWS COLOMBO

COLOMBO-MALABE LRT TO GO AHEAD AS PPP

The Light Rail Transit (LRT) System from Colombo to Malabe, the construction of which the previous Government had entered into agreement with the Japan International Cooperation Agency (JICA), will go ahead but as a Public-Private Part…

COLOMBO PORT CITY TO ATTRACT USD 1 BILLION INVESTMENT

Long term infrastructure investments have always been on top of the agenda for the Rajapaksa government and mega development projects such as the Mattala airport, the Southern and Katunayake highways, the Colombo Port City, the Norochc…

CONSTRUCTION OF INT’L FINANCIAL CITY TO START YEAR END

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…

CONSTRUCTION BEST COVID-19 COUNTER: ICRA LANKA

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…

GOVT TO ALLOCATE RS. 5 BILLION FOR HIGHWAY DEVELOPMENT

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 “…

SRI LANKA LINKS PORTS, AIRPORTS WITH EXPRESSWAY EXTENSION

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…