Sri Lanka’s construction sector is expected to undergo significant changes under the leadership of new President Anura Kumara Dissanayake and the leftist National People’s Power (NPP) government following the November 14 elections. Here are five potential policy shifts that may reshape the industry: This article discusses the potential impact of these policy shifts and how
Port City Colombo, a visionary Special Economic Zone (SEZ) focused on the export of modern services, recently represented Sri Lanka at the Commonwealth Business Forum 2024 held in Apia, Samoa, from October 23-24. As a strategic partner of the Commonwealth Enterprise and Investment Council (CWEIC), Port City Colombo engaged in discussions on sustainable growth with
Sri Lanka’s cabinet has given the green light to draft legislation for establishing a National Agency for Public-Private Partnerships (PPP), following a proposal from President Ranil Wickremesinghe, according to the state information office. The new agency will be tasked with designing and managing PPP projects, as well as coordinating with international organizations. It will focus
Sri Lanka and Japan have discussed new funding strategies to reduce carbon emissions and revive halted projects during a meeting with President Ranil Wickremesinghe, according to his media office. With Sri Lanka reaching an agreement with official creditors to restructure bilateral debt, Japan is now able to provide new loans and resume previously suspended projects.