Sri Lanka construction expands in May 2025: PMI | EconomyNext

Sri Lanka construction expands in May 2025: PMI | EconomyNext

Construction and Real Estate

Central Bank maintains positive outlook for next 3 months due expected rise in new projects

A similar decision by previous government met with objections from postal employees

Looking for investment proposals for the disposal of a 3-rood 13.85 perch plot of land

The country has seen an uptick in apartment demand

Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction) recorded a value of 54.3 in March 2025

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“The land is vested under the treasury under the swarnabumi scheme,”

Kadawatha to Meerigama section of the Central Expressway was halted after the external default

In addition, China is also giving a 500 million yuan grant (about 68 million US dollars)

The 215-room property will be the largest hotel in the central hill city of Kandy

Proceeds of crime to the tune of ₹205 crore in Colombo, Sri Lanka, in the form of four acre and building attached

Browns has taken six plots in the Port City, with the Marina J/V taking up four

Many survey respondents highlighted a slowdown in the tender evaluation process of construction projects

Outlook for construction activities for next three months remains positive, due to increase in project availability

Dissaayake’s NPP has promised to follow transparent procurement process in construction projects

Total cement availability at 419,000 metric tonnes was up 17.6 percent from a year ago

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