The Road Development Authority (RDA) has initiated a new project to enhance road safety by installing safety fences along dangerous embankment points in three mountainous provinces, following a recent increase in road accidents.
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The completion of the Port Access Elevated Highway (PAEH), a vital link connecting Colombo City Centre and the Katunayake Expressway (CKE) via the port, has been severely complicated after the Engineer Representative allegedly abandoned the project site.
The Asian Development Bank (ADB) is currently designing a new digital transformation project for Sri Lanka, with a strong focus on embedding digital security and data privacy within the nation's accelerating digital economy.
Port City Colombo (PCC) has achieved a major development milestone by completing all its essential utility infrastructure projects, effectively paving the way for further development within the Special Economic Zone (SEZ).
A high-level delegation from China's Sinopec Group has assured Sri Lanka's Minister of Foreign Affairs, Vijitha Herath, that the company will expedite the commencement of its proposed oil refinery project in Hambantota.
A Fundamental Rights (FR) petition has been lodged in the Supreme Court, challenging the proposed heavy mineral sand extraction project on Mannar Island. The legal action seeks to halt mining activities across key coastal areas due to environmental and conservation concerns.
WindForce PLC has acquired a 51% equity stake in Safe Power International (Pvt) Ltd to develop a 10 MW wind power project in Alankuda, Puttalam District, with an estimated total investment of Rs. 4.2 billion.
Sri Lanka launched its first AI-powered hotel, Grand Serendib Colombo, marking a landmark in the country's tourism sector. The inauguration event was held at Shangri-La Colombo and attended by Minister Vijitha Herath, national cricket icon Sanath Jayasuriya, MP Dr. Harsha de Silva, and other dignitaries.
The Asian Infrastructure Investment Bank (AIIB) and the Government of Sri Lanka have signed a $52 million sovereign-backed loan agreement for the Kerawalapitiya–Port L Second Transmission Line Project. This project will install a 220 kV underground cable linking Kerawalapitiya Switching Station to Colombo Port L Grid Substation, complementing the first line commissioned in 2019.
Power and Energy Minister Eng. Kumara Jayakody reiterated the government’s commitment to expanding renewable energy, framing it not only as an environmental goal but a strategic economic investment. Despite fiscal and institutional challenges, renewable projects like the 5 MW solar power plant in Galle are progressing, bolstered by private sector investment and public-private partnerships.
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