ABSTRACT
Agricultural area 36% Commercial capital Colombo Capital Sri Jayawardanapura Kotte Population of capital city 2.3 mn
Economy Monetary unit Sri Lanka rupee (LKR) Exchange rate (average fourth quarter of 2013) The pound sterling LKR 212.13 The US dollar LKR 131.00 The euro LKR 178.30 The yen × 100 LKR 130.53 Average annual inflation 6.9% Inflation rate 4.7% Gross domestic product (GDP) at current market price LKR 8,674 bn GDP at constant price LKR 3,178 bn GDP per capita LKR 423,467 Average annual real change in GDP 7.3% Private consumption as a proportion of GDP 66.8% Public consumption as a proportion of GDP 13.1%
Continued
THE CONSTRUCTION INDUSTRY
The construction industry is a sub-sector of the industry sector of Sri Lanka. The developments of the key sectors and their sub-sectors are linked with construction sector directly or indirectly as the construction involves with almost all the other sectors and sub-sectors. Therefore, construction industry plays a major role in the process of development in the country.
