 |
Sri Lanka
Building Technologies Sector Review
Definition and scale of sector
- Commodity materials (cement, timber, etc),
- Commodity manufactured products (tiles, bricks, sanitary ceramics),
- Sub assemblies (fire alarms, other safety, mechanical lifting and handling equipment, electronic sensors),
- Equipment/tooling manufacture/hire,
- Design/professional services,
- Construction services
Why the sector was chosen in the West Midlands
- Significant concentrations of activity especially in north of the region associated with commodity materials and low value added metal goods and ceramics.
- Need for modernisation.
- Shift from low value added commodities to higher value added systems, with scope to build on developments in materials such as polymers and recycling.
- Significant force for change in relation to urban regeneration and the transformation of the image of this region.
Sub Menu
Top of page 
Construction in Sri Lanka - India Pakistan Trade Unit - June 2007
Sri Lanka has a population of 19,7 million people (end of 2006) and a population growth of 1,1 per cent. Even 2,2 million live in the capital city Colombo and 22% of the total population live in the urban areas.
The Colombo region generates nearly half of the entire economic performance.
After having grown consistently since 2002 the GDP is estimated to grow about 6 per cent in 2007. The construction sector contributes 8,6 per cent of the GDP in 2005 and the real growth of the sector accounted for 24,2 per cent of the GDP.
Source: India Pakistan Trade Unit
FOR THE FULL REPORT PLEASE CLICK HERE
Construction Sector - A Report from UKTI - August 2006
The Construction sector grew by 5.5 in 2003 to 6.6 in 2004. (Source: Central Bank of Sri Lanka). This is a noteworthy growth, as Government of Sri Lanka (GoSL) large-scale infrastructure projects are still to be implemented. The growth has basically come from private sector small and medium term activities such as construction of apartment complexes and condominiums, supermarkets and retail sales outlets, pumping stations, Tsunami housing and individual housing projects. The ongoing road projects both in the Southern and Northern parts of the country also contributed to the growth performance of this sector.
Source: UK Trade & Investment
FOR THE FULL REPORT PLEASE CLICK HERE
Top of page  |
