"The construction work will be entrusted to the engineering services divisions of the Sri Lanka Army, Navy and Air Force so that construction costs would be kept to the minimum," minister Rambukwelle said.
The military will renovate an old marketing department building in Colombo's Fort area, grounds at race course and Bloomfield grounds, refurbishment of a central supermarket in the Pettah area, he said.
The Old Marketing Department building is estimated to cost 80 million rupees and the Race Course Ground 400 million rupees.
Colombo's Manning Market, a wholesale market in the Pettah area will be relocated to Peliyagoda, north of the capital.
The existing market will be re-developed, an adjacent bus stand complex will be expanded and pavement hawkers in the area will be given space in a commercial complex to be built there.
Another market where a fish trading exchange was located earlier, will also be refurbished for 250 million rupees.
The fish market was relocated to Peliyag