Blue Ocean Group positioned financially, operationally and culturally to transform the construction and real estate industry The real estate giant is all geared up to meet any challenges from the future The COVID-19 pandemic has defied most economic predictions and taken a toll on the global economy, with a significant effect on most industries. While the world has not yet fully emerged from the pandemic, it is definitely in a better state than the previous years. This is true to most industries as well as the real estate and the construction sector which were braving the waves of uncertainty the pandemic has brought forth. Sri Lanka and its potential A country’s economy goes hand in hand with the real estate and construction industry. And particularly in Sri Lanka, the country has seen the capacity for exponential growth if concentrated on foreign direct investment. In fact, in the recent years, Foreign ...

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Port City Project – Will it generate confidence amongst investors? By Raj Gonsalkorale image Source:-portcitycolombo Foreign direct investment (FDI) is an integral part of an open and effective international economic system and a major catalyst to development. Yet, the benefits of FDI do not accrue automatically and evenly across countries, sectors and local communities. National policies and the international investment architecture matter for attracting FDI to a larger number of developing countries and for reaping the full benefits of FDI for development. The challenges primarily address host countries, which need to establish a transparent, broad and effective enabling policy environment for investment and to build the human and institutional capacities to implement them – OECD, Foreign Direct Investment for Development MAXIMISING BENEFITS, MINIMISING COSTS By Raj Gonsalkorale Sri Lankan politics has not witnessed bi-partisan agreement amongst the major political parties on key issues that impact on the people of the ...

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