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Crisis in Sri Lanka causes 1million job losses in construction sector

Colombo, Jun 7 (Prensa Latina) The collapse of the construction sector in Sri Lanka due to the severe economic crisis has resulted in the loss of one million jobs, the country's Sectoral Oversight Committee revealed on Wednesday.

The information emerged during a meeting of the Committee in Colombo attended by representatives of associations from small, medium, and large-sized construction enterprises covering all provinces.

Before the Architects and Engineers Association, the Development Authority, and the Chamber of Construction Industry, the experts added that related institutions have collapsed, their assets were destroyed, and many of their professionals have left the country.

Sri Lanka has been facing its worst economic crisis in over seven decades since late 2021.


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