Sri Lanka is currently undergoing significant infrastructure development with the government’s focus being on constructing, upgrading, and expanding various transportation systems such as roads, railways, ports, and airports. These projects are aimed at enhancing the country’s connectivity, increasing economic growth, and improving the standard of living for the people of Sri Lanka.
The Colombo Port City Development Project is one such project that is anticipated to transform the country’s economy drastically. It involves the construction of a new city on reclaimed land in the sea, with a planned extension of the existing Colombo Port. The infrastructure development project in Sri Lanka is expected to bring in significant foreign investment, create numerous employment opportunities, and accelerate the overall economic growth of the country.
Another key project is the Central Expressway Project, which involves the construction of a 116-kilometre-long expressway that will connect the capital city of Colombo with Kandy, the second-largest city in Sri Lanka. This project aims to reduce travel time, increase connectivity, and facilitate the movement of goods and services.
The Mattala International Airport Development Project is another noteworthy project that involves the expansion of the existing Mattala Rajapaksa International Airport, which is located in the southern part of Sri Lanka. The project is aimed at making the airport a hub for cargo and passenger transportation, thereby improving the country’s air connectivity and increasing its global competitiveness.
Overall, these infrastructure development projects are expected to have a positive impact on Sri Lanka’s economy, creating new opportunities for businesses and individuals alike, and accelerating the country’s progress towards becoming a developed nation.
ICC is one of the leading construction companies in Sri Lanka and has played a vital role in the country’s mainstream infrastructure projects. The company has been working shoulder-to-shoulder with the government on key projects to build development projects, making ICC the most trusted service provider in Sri Lanka. If you’re considering investing in Sri Lankan real estate, it’s worthwhile to check out ICC’s ongoing and upcoming projects. By researching these projects, you can gain a better understanding of the types of properties available, their locations, and potential returns on investment.