Abstract:
This research examines the shared reasons for failure of five large Sri Lankan government
Megaprojects: Mattala Rajapaksa International Airport, Hambantota Port, Colombo Port City, Colombo Lotus Tower, and the Uma Oya Multipurpose Development Project. The projects, initiated to expand the nation’s economic growth and infrastructure development, have been experiencing serious problems, such as financial mismanagement, poor governance, cost overrun, and poor feasibility studies. With a qualitative case study methodology, the research employs stakeholder interviews and document analysis to analyze the underlying causes of such failures. The literature review is informed by a synthesis of both international and local literature on megaproject failure and
identifies political interference, inadequate project planning, inadequate risk management, and institutional weakness as the most significant factors. The report uncovers that systemic inefficiencies, unclear procurement, and poor financial controls are the factors that lead to the failure of such projects. As a response, the report suggests enhancing financial governance, making feasibility studies more rigorous, having independent monitoring of projects, and incorporating principles of sustainable development. Reforms in institutions are also needed to reduce political and financial risks, enabling improved project implementation. By tackling such concerns, the research offers essential information for policymakers, project managers, and stakeholders alike, and presents strategic options with a view to increasing the success of upcoming infrastructure mega projects in Sri Lanka.
