Wednesday, September 2, 2009

Time To Join Hands To Uplift the Construction Sector Economy

An Introduction to the Chamber of Construction Industry, Sri Lanka

By. Ranjith Dayaratne

It is not unfair to say that recently the construction sector Economy of Sri Lanka has faced a severe and unprecedented downfall. Reasons for this are of course manifold. The world was undeniably heading for a recession and the events of the September 11th in USA have made it a nightmare for the world economy. Sri Lankan economy has been on a slippery road for the past decade or so emanating from the extra-ordinary expenditure of war efforts, loss of preparedness to harness the benefits of the open economy and globalisation and indeed, the general sense of hopelessness that has gripped the Nation in an alarming atmosphere of growing corruption, petty politics and misguided economic policies and misadventures.

http://www.buildsrilanka.com/ccisl/IntrobyRD.htm

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