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Sri Lanka to introduce new legislation for the construction industry

Sri Lanka to introduce new legislation for the construction industry

Sri Lanka will be introducing new legislation for the construction industry protecting the rights of local contractors while encouraging partnerships with foreign counterparts.

This was disclosed by Minister of Highways & Road Development Kabir Hashim at the launch of the Build Sri Lanka Housing and Construction Expo 2019 in Colombo

Construction Expo is the premier construction and housing related exhibition in the country.

He said that there are issues of concern to the construction industry wherein the lacuna in legislation about the involvement of foreign contractors.

The non implementation of laws in existence was affecting the industry he said adding that a solution would be the mandatory registration with a Sri Lankan partner as a joint venture partner.

The forthcoming exhibition is due to take place on the 22nd, 23rd and 24th of March 2019 at the Bandaranaike Memorial International Conference Hall.

This Exhibition is conducted for the 15th consecutive year. The Chamber of Construction Sri Lanka which is the apex representative body of the construction industry and will showcase the novel and most modern technologies in building construction and housing.

(LI NEWS)

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