To what extent is Sri Lanka’s economic productivity being impeded by road traffic congestion, and what is being done to alleviate the problem?
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Interviews & Viewpoints | Sumedha Ratnayake, Director-General, Urban Development Authority (UDA) : Interview from The Report: Sri Lanka 2018
Articles & Analysis | Proposed laws to increase foreign investor interest in local Sri Lankan real estate from The Report: Sri Lanka 2018
Foreign interest in Sri Lanka’s property market has been steadily building momentum. The country’s rising global tourism profile is increasingly attracting international interest in the sector, while expatriate Sri Lankans are already an important part of the investment picture. For Sri Lankan expatriates abroad, owning property in their...
Articles & Analysis | Sri Lanka's changing demographics drive real estate demand from The Report: Sri Lanka 2018
Consistent income growth, urbanisation, the expansion of both domestic and foreign businesses, and the burgeoning appeal of property as an asset class among local investors have all contributed to the dynamism of Sri Lanka’s real estate sector. Developers have responded to this rising demand by investing in a substantial expansion of supply....
Interviews & Viewpoints | Qitao Liu, Chairman, China Communications Construction Compan : Interview from The Report: Sri Lanka 2018
What is the potential for Port City Colombo to attract foreign direct investment to Sri Lanka?
Articles & Analysis | Steady progress on the construction of Port City Colombo in Sri Lanka from The Report: Sri Lanka 2018
Identified as a potential turning point for Sri Lanka, the landmark Port City Colombo (PCC) development on a swathe of reclaimed land will start to take shape in 2018. Patali Champika Ranawaka, the minister of megapolis and western development, announced in January 2018 that a consortium led by China Harbour Engineering Company (CHEC) would...
Chapter | Construction & Real Estate from The Report: Sri Lanka 2018
Renewed growth in Sri Lanka’s construction industry is being supported by a combination of megaprojects with international partners, strong domestic demand and public investments in infrastructure. Following a slowdown in 2015, the sector is once again enjoying double-digit growth, possessing a strong order book with international investors increasingly present. Still, costs are high and rising,...