Survey of construction industry was conducted in 1993 for the first time in sri lanka mainly to furnish data regarding input, output and their trends to the institute for construction training and development (ictad. The chamber of construction industry sri lanka (cci) was established on 16th october 2001 and later incorporated on 24th march 2003 as a company limited by guarantee with 7 founding member institutions and associations.
Traditionally construction industry of sri lanka is a male dominated industry but recent present it is a common sight that women participation in construction industry it is common to see in many construction sites, highway construction sites and road maintenance sites there composition of female participation is high.
The national construction association of sri lanka (ncasl) is the main organization in the country for the development of the construction industry it was originally formed as the association of contractors of sri lanka in 1981, with the initiation of the government of sri lanka and the support of the world bank. The end of the three-decade long armed conflict in sri lanka in the year 2009, has given a boost to the country’s then growing construction industry as the country rushed to make up for the 30 years of neglect and ruin, construction industry became one of the major beneficiaries of country’s rapid economic development.
According to trading economics, the contribution to sri lanka's gdp from the country's construction industry in the fourth quarter of 2016 achieved a record all time. To lead the construction industry, sri lanka towards developing excellence in the built environment to meet the challenges of the 21st century mission be the exclusive voice for the construction industry, sri lanka to provide a safe, high quality, sustainable and eco-friendly built environment. Subra the current construction industry in sri lanka 2017-10-13t06:00:06+00:00 online features according to trading economics, the contribution to sri lanka’s gdp from the country’s construction industry in the fourth quarter of 2016 achieved a record all time high of rs 200,970 million.
The construction investment in sri- lanka has followed the economic changes that took place during the last decade this resulted in a significant change particularly in the supply side of the construction industry.
Sri lanka’s construction industry has been a major beneficiary of the country’s rapid economic development over the past six years since the end of the civil war in may 2009, the country has rushed to make up for more than two and a half decades of intermittent building activity across most segments, from high-end residential housing to commercial and office space to a variety of key. The construction industry development authority (cida) has categorized these construction companies in sri lanka on a scale of 1 to 10 while taking into account the companies financial assets, technical capabilities, and field-specific experience.
The sri lankan construction industry last year continued to grow at 202 per cent on the back of declining interest rates and low inflation, according to an industry report. About us orient constructions is a fully fledged construction company with offices in sri lanka and in thailand orient construction co, the flagship of the orient group of companies commenced operations 1998 and is a registered limited liability company. According to trading economics, the contribution to sri lanka’s gdp from the country’s construction industry in the fourth quarter of 2016 achieved a record all time high of rs 200,970 million.