Construction has officially commenced on the "Rividanavi" Solar Power Park in Siyambalanduwa, marking a significant step toward Sri Lanka's goal of generating 70% of its electricity from renewable sources by 2030. The project, inaugurated by President Anura Kumara Dissanayake, is set to become the nation's largest renewable energy initiative, with a 100 MW capacity and an investment of USD 140 million.
The development work on the Sri Lanka–Japan Friendship Road in Battaramulla was officially launched on Thursday, August 28, under the leadership of Deputy Minister of Transport and Highways, Prasanna Gunasena.
The Cabinet of Ministers has awarded a contract to Maga Engineering Ltd. for three construction packages of the Central Expressway Project. The company was identified as the lowest responsive bidder for the section of the expressway from Pothuhara to Galagedara, which is part of stage 1, part 3 of the project.
LAUGFS Holdings Ltd., a major Sri Lankan conglomerate, is celebrating its 30th anniversary. Established in 1995 as Gas Auto Lanka, the company has since grown into a diverse group with over 20 companies operating across various sectors, including power, energy, retail, and manufacturing.
Sri Lanka's construction sector is recovering, with key indicators pointing to significant growth. The Purchasing Managers' Index for Construction reached 59.7 in May, and stakeholders
Sri Lanka's Port City is set to feature a new landmark: a 15-meter tall Grand Clock designed to rival London's Big Ben.
The "Clean Sri Lanka" programme, a key government initiative under President Anura Kumara Dissanayake, has commenced the implementation of 34 new projects for this year.
President Anura Kumara Dissanayake announced that China's Export–Import Bank (EXIM) has agreed to provide a new loan in Chinese Yuan
