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Malaysian housing project in Sri Lanka

Ties between Sri Lanka and Malaysia would strengthen as Malaysia has agreed to extend assistance for a housing project to construct houses in Colombo, said Minister of Urban Development and Sacred Area Development Dinesh Gunawardena.

Signing of a Memorandum of Understanding to accelerate construction process of 2,500 housing units in the city of Colombo and its suburbs had taken place at the Ministry.

The Reel Private Company Ltd, Sri Lanka signed two agreements one with Jetson Institute of Malaysia and the other with Ceecon Company of India.

Under the Mahinda Chintana programme the ministry expects to construct 65,000 houses throughout the island of which 20,000 housing units would be completed within a year, said the Minister.

Jetson Company of Malaysia has planned to build 2,500 housing units in the city of Colombo out of which 1,000 are for the communities in undeserved settlements and middle income communities.

This programme under ‘Palin Housing Mandira’ scheme would be mooted by the Reel Company.

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