Infrastructure development News

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Local News

Groundworth Unveils High-End Property Project "The Infinity" in Thriving Polgasowita Suburb.

15 hours ago

Groundworth (Pvt) Ltd has introduced its latest premium land development, 'The Infinity', strategically located in the Piliyandala-Polgasowita corridor to offer high-growth investment opportunities.

9 sources

Technology

The Financial Shift: Big Tech's AI Infrastructure Spending Surge.

Major technology firms are shifting from software developers to infrastructure operators as they engage in a historic capital spending surge to fund artificial intelligence, increasingly relying on debt markets to fuel this growth.

May 16, 2026 at 4:14 AM

18 sources

Economy

Image Source : ft.lk

Strengthening Indo-Lanka Economic Ties Beyond Physical Infrastructure.

May 15, 2026 at 7:43 PM

7 sources

Local News

Image Source : adaderana.lk

Colombo District Receives Green Light for 126 New Development Projects.

May 13, 2026 at 7:11 AM

8 sources

Prime Minister Calls for Citizen-Centric Approach in Colombo District Development

Image Source : en.vietnamplus.vn

Local News•

May 13, 2026 at 4:14 AM

Prime Minister Calls for Citizen-Centric Approach in Colombo District Development.

Prime Minister Dr. Harini Amarasuriya has directed officials to ensure that future development projects in the Colombo District prioritize the practical needs of the public, with a focus on infrastructure and poverty alleviation for 2026-2027.

10 sources

Local News

Alliance Development Trust Spearheads Multi-Phase Flood Recovery Across Sri Lanka.

May 9, 2026 at 10:18 AM

The Alliance Development Trust (ADT) has provided extensive humanitarian aid and long-term recovery support to over 8,000 individuals impacted by recent devastating floods in Sri Lanka, focusing on sanitation, education, and livelihood restoration.

10 sources

Alliance Development Trust Spearheads Multi-Phase Flood Recovery Across Sri Lanka

Image Credit : island.lk

Technology

Image Source : schroders.com

Big Tech’s Massive $725 Billion AI Infrastructure Gamble Hits Corporate Cash Reserves.

May 8, 2026 at 4:18 AM

17 sources

Local News

Boosting the Eastern Province: India Launches Six New Socio-Economic Projects in Sri Lanka.

India has commenced six priority development projects in Sri Lanka's Eastern Province, focusing on healthcare, women's empowerment, and agriculture under a Rs. 2.37 billion grant assistance framework.

May 5, 2026 at 1:21 PM

9 sources

Local News

Image Source : ft.lk

Government Greenlights Multi-Million Rupee Infrastructure Boost for Southern Highway Corridor.

May 5, 2026 at 11:09 AM

3 sources

Local News•

April 30, 2026 at 6:14 AM

Melwa Conglomerate Champions Future-Ready Infrastructure at 'Night of the Generals' Event.

Melwa Conglomerate recently held its 'Night of the Generals' event in Colombo, gathering industry leaders to discuss the development of smart, resilient cities with insights from global experts.

6 sources

Local News

Sri Lanka Invites Bids for High-Tech Mixed-Use Development in Colombo 10.

April 28, 2026 at 9:49 AM

The Sri Lankan government has approved a 50-year lease for a prime plot of land in Maradana, Colombo, aiming to develop a specialized hub for information technology and intellectual services.

10 sources

Local News

Image Source : corporatenews.lk

Sri Lanka’s Real Estate Visionaries to Convene for Decade-Long Strategic Roadmap.

April 28, 2026 at 9:43 AM

9 sources

Technology

Image Source : computeforecast.com

The Surge in U.S. Data Center Infrastructure Financing.

April 28, 2026 at 4:48 AM

10 sources

International News

Image Source : theowp.org

Weaponizing Water: How Global Conflicts Exacerbate the Escalating Scarcity Crisis.

April 27, 2026 at 1:33 PM

9 sources

Technology•

April 24, 2026 at 9:17 AM

Surging AI Infrastructure Strains Power Grids: Texas Faces Unprecedented Electricity Demand.

Rapid expansion of AI data centers is placing massive strain on power grids, particularly in Texas, where demand could quadruple by 2032. While Texas faces the most significant pressure, Midwest regions are also seeing double-digit growth in electricity requirements, forcing operators to reconsider infrastructure capacity.

10 sources

Technology

Data Center Development Shifts Toward Urban Hubs as Dallas Developer Secures $2 Billion Funding.

April 21, 2026 at 10:02 AM

DataBank has secured $2 billion in financing to build AI-focused data centers near Dallas, reflecting a strategic shift from remote mega-campuses to urban "inference" facilities closer to end-users.

26 sources

Data Center Development Shifts Toward Urban Hubs as Dallas Developer Secures $2 Billion Funding

Image Credit : brookings.edu

Local News

Groundworth Unveils Exclusive 'Legado' Land Development Project in Homagama.

Groundworth (Pvt) Ltd has introduced 'Legado', a premium 8-plot land development in Homagama, offering strategic connectivity, proximity to key urban amenities, and strong long-term appreciation potential for investors and families.

April 21, 2026 at 5:32 AM

1 sources

Technology

Image Source : constructiondigital.com

The Power Bottleneck: Why Electrical Infrastructure is the True Limit to AI Growth.

April 17, 2026 at 4:16 AM

10 sources

Technology

Image Source : pubchem.ncbi.nlm.nih.gov

The Data Center Crisis: Why Massive Infrastructure Projects Face Growing Public Backlash.

April 16, 2026 at 10:13 AM

12 sources

Sri Lanka’s Industrial Sector Reports Strong Growth and Policy Reforms in Q1 2026

Image Source : island.lk

Economy•

April 11, 2026 at 9:42 AM

Sri Lanka’s Industrial Sector Reports Strong Growth and Policy Reforms in Q1 2026.

The Ministry of Industries and Entrepreneurship Development has released its Q1 2026 progress report, highlighting significant infrastructure advancements, SME financial support, and a robust new policy framework for national industrial transformation.

17 sources