Sri Lanka’s construction sector showed signs of continued expansion in March, with the Purchasing Managers’ Index (PMI) for Construction reaching 54.3.
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Sri Lanka’s construction sector expanded in March 2025, but at a slower rate than in February, according to a Purchasing Managers Index compiled by the central bank.
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NEWS OF THE DAY
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The Hambantota International Port (HIP) began maintenance dredging this month in order to restore the harbour’s original depth. The operation undertaken by HIP to ensure the continued safe navigation of vessels began early February and is expected to be completed in approximately two months.
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Deputy Minister of Transport and Highways, Dr. Prasanna Gunasena, has clarified that reports suggesting the construction work on the Ruwanpura Expressway has been abandoned are entirely false.
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Construction sector continued to expand their activities through December 2024, extending their months-long expansion as reflected by the sector Purchasing Managers’ Index (PMI) for the month.
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Sri Lanka Purchasing Managers’ Index (PMI) for construction stood at 51.4 in December 2024, indicating a continued expansion in construction activities.
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The Government of Sri Lanka has decided to recommence the construction of Kurinchakerny Bridge in Kinniya facilitating transportation needs of thousands of people in the area.
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The highly delayed operational expansion of the Jaya Container Terminal (JCT) is affecting operations at the Colombo Port while doubling the building cost along with the procurement of new gantry cranes.
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The Beira Lake in Colombo is undergoing a much-needed cleanup operation. Workers and volunteers are coming together to remove debris, clear invasive plants, and restore its natural beauty.
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