Sri Lankan Construction Industry continues to play an important role in the country's economy. The industry has grown significantly by 12.0 percent during the first quarter of 2016, when compared with the first quarter of 2015. In its quest to make Sri Lanka a regional hub, our Government has embarked on massive development Programs . With mega development projects such as Megapolis & Western province development, Galle port development, development of Sampur Industrial Zone and construction of Central Expressway, in the pipeline, the industry is poised to witness exponential growth in the coming years. In addition, driven by these large scale infrastructure development projects, Colombo will continue to experience urban migration towards the city.
This will result in more luxury apartments, hotels and shopping centres being constructed in the city and suburbs. All these will present our construction organizations with numerous opportunities. Construction Expo 2017, which is being held in this backdrop will serve as a launching pad for the construction companies to identify new partners, demonstrate new technologies and position themselves to benefit from the above mentioned opportunities.
The Sri Lankan government aims to be an energy self-sufficient nation by 2030. The objective is to increase the power generation capacity of the country from the existing 4,043 megawatts (MW) to 6,900 MW by 2025 with a significant increase in renewable energy. Sri Lanka has already achieved a grid connectivity of 98 percent, which is relatively high by South Asian standards. Electricity in Sri Lanka is generated using three primary sources: thermal power (which includes coal and fuel oil), hydropower, and other non-conventional renewable energy sources (solar power and wind power).
From 2018 - 2037, Sri Lanka plans to add 842 MW of major hydro, 215 MW of mini hydro, 1,389 MW of solar, 1,205 MW of wind, 85 MW of biomass, 425 MW of oil-based power, 1,500 MW of natural gas and 2,700 MW of coal power into the electricity generation system. The annual total electricity demand is about 14,150 gigawatt hours (GWH). The annual demand for electricity is expected to increase by 4.9 percent over the next 20 years, a number constrained by high prices – Sri Lanka Country Commercial Guide.
Seethawaka Ganga Hydro
Uma Oya Hydropower
Mannar’s Wind Power - Sri Lanka’s first large scale Wind Farm is Mannar Wind Farm which is located on the Southern coast of Mannar Island. As the first step, 100MW of wind power has been developed.
|Electricity||Total||Sri Lanka per capita|
|Own consumption||12.67 bn kWh||571.85 kWh|
|Production||13.66 bn kWh||616.54 kWh|