Colombo, Nov. 22 -- Only five out of 79 government construction projects, earmarked to be completed in 2025, have been completed and handed over, Sri Lanka Builders' Association Chairman Susantha Liyanarachchi said.

He told the Daily Mirror that 21 government-funded projects, six foreign grant projects and 10 projects under local loans have been stopped halfway.

Liyanarachchi noted that although the 2025 Budget allocated Rs. 1,315 billion for capital investment in the construction industry, which is about four per cent of the GDP, there is no clear information on disbursements.

He said the total allocation for the 79 projects is Rs. 3.3 trillion, with an additional Rs. 1.3 trillion added later. A total of Rs. 32.6 billion is due to be ...