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Construction and real estate activities continue to add more heft defying pandemic
- Expands by 18.2 percent in the three months to June 2021 from a year ago
- Highest growth since the first quarter of 2016, marking a sharp recovery from 30 percent contraction recorded in 2020 second quarter
Sri Lanka’s construction activities delivered their fastest growth in five years during the quarter ended June 2021, while the complementing real estate activities continued to add strength into its growth, reflecting that the two interconnected sectors remain largely resilient since the initial setback suffered during the virus outbreak last year.
Sri Lanka’s constriction and real estate activities, which include ownership of dwelling, accounted for 12.1 percent of the total economic output of Sri Lanka by the end of June 2021.
https://www.dailymirror.lk/business-news/Construction-and-real-estate-activities-continue-to-add-more-heft-defying-pandemic/273-221009
