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Blue Ocean Group Stands Tall During Challenging Times  Construction industry Sri Lanka’s construction industry contributes to about 7.1% of the Gross Domestic Product (GDP) of the country and employs more than 650,000 workers. Despite the economic slowdown faced globally across all industries and the resultant optimism dent within the real estate and construction sector, the Colombo District Land Valuation Indicator (LVI) reported an overall 6.8% growth rate in the first half of 2021.    Post-pandemic situation & subsequent economic crisis After dealing with the many hurdles that the pandemic had thrown, the Sri Lankan economy moved into a state of an unprecedented economic crisis in late 2021. As a result, the construction and real estate sectors have undergone various challenges that had caused many smaller players to drop out of the market. Many others have developed a high-risk “hit and run” approach with their projects due to the scarcity of resources ...