Hayleys Plantations (through Horana Plantations PLC) has launched the Tea Shade Development and Ecological Restoration Project (T-SHADE), Sri Lanka's first shade-tree carbon credit initiative.
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Sri Lanka is aggressively moving to align its packaging industry with global sustainability trends, targeting a 20 percent reduction in total waste by 2035 and aiming to meet European Union (EU) packaging standards by 2040.
The Government of Sri Lanka has secured a US$90 million loan from the Asian Development Bank (ADB) for the Second Integrated Road Investment Program (iRoad 2) โ Tranche 5.
India and Sri Lanka have successfully moved forward with discussions on the proposed High Voltage Direct Current (HVDC) power grid interconnection project.
The highly anticipated lighting project for the iconic Demodara Nine-Arch Bridge has been postponed from October to November 2025 due to a land dispute.
Sri Lanka has set an ambitious target to raise $11.26 billion by 2030 through the issuance of Sovereign Green and Blue Bonds. This initiative is detailed in the new National Climate Finance Strategy (NCFS) 2025-2030, and is a core part of the country's plan to achieve net-zero carbon emissions by 2050.
The National Building Research Organization (NBRO), in partnership with the Road Development Authority (RDA), has launched a specialized project to mitigate the risk of landslides along the Bibile - Passara road.
Home Lands Group announced that construction is making steady progress on its landmark development, the Bayfonte Marina Resort Apartments and Villas in Negombo. The complex is touted as the first tourist resort apartment development in Sri Lanka.
Project reporting is a vital communication process in construction, ensuring that all stakeholders stay informed about progress, challenges and forecasts. It serves as the bridge connecting on-site activities with strategic management and client expectations. Transparent and timely reporting builds trust fosters accountability and supports informed decision-making throughout the project lifecycle.
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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