Abstract:
The rapid development of the technology paved the way towards the new trends and innovations in each and every industry. This is a universal truth which has no any exceptions to the construction industry which faces rapid changes frequently while being one of the major industries of a country that contribute to the living standard of the citizens and to the development of the country.
Sri Lanka being one of the countries with booming economies, it is inevitable to respond to the innovations in world construction industry and there are some important new trends to the development of the industry. Therefore, this research is carried out to address the research gap to identify the important new trends of the Sri Lankan construction industry.
In order to proceed with the research, quantitative research approach was adopted through a questionnaire survey with 90 respondents including clients, contractors and consultants 30 from each. Data were analyzed statistically and were ranked based on the mean value. Out of the nine identified new trends, waste management, sustainability and green building concept and risk management has been identifies as the most important developments over information technology related developments while advanced technological developments were considered with lesser practical applicable value within the Sri Lankan context. Hence, as per the research, it is required to conduct further research studies to acknowledge the time, cost and other benefits can be adopted through facilitating identified innovation and new trends while giving the priority to the high ranked trends identified through this research.
