Micro Cars ventures into Rs. 200 million housing project
Anjana Samarasinghe
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CONSTRUCTION: Some of the houses under construction.
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HOUSING: The Micro Constructions, an associate company of
local car manufacturer Micro Cars is to invest Rs 200 million in a low
cost housing project this year.
CEO of Micro Constructions (Pte) Ltd C. Guhashanka told Daily News
that they expect to commence their housing project in June.
This will consist of 50 individual housing units. "At the moment we
are on a process of obtaining necessary approvals," he said.
The housing project will be located in Ja-Ela. Special feature of
this project is that it will be constructed using Panel Building
Technology, which will reduce the total cost by 15 per cent to 20 per
cent.
Micro diversified into the construction industry nearly one year ago,
introducing Panel Building Technology to the local construction industry
together with AXIA Inc. of USA. Panel Building Technology is
cost-effective, and a visually appealing solution for conventional
building material, such as bricks.
Guhashanka said that these panels are made out of galvanised high
calibre steel and polystyrene, which could be resistant to wind, fire,
floods and earthquakes. After laying the foundation, panels will be
assembled and erected to acquire any shape and size of the house.
Then walls will be plastered using high-pressure concrete guns. This
has been deployed in more than 25 countries around the globe such as
USA, Mexico, UK and Spain.
This technology is a solution to overcome the current building
material and skilled labour shortage. As in this process, skilled labour
(masons) requirement is minimum and unskilled labour, which is
abundantly available, could be trained and utilised, for the process, he
said.
Micro Constructions have successfully completed a tsunami housing
project using this technology. They will use this technology for their
construction activities in Sri Lanka.
The company is also involved in building a low cost housing project
under the Mahinda Chinthana.
'We have introduced this technology for individual house builders as
a low cost housing solution and we will be commencing construction of
luxury individual house in April.
The company is now negotiating with property developers to introduce
technology for their construction activities too, Guhashanka he said. |
