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Low cost houses from Canadian company

A Canadian Company has expressed interest in building 30,000 low cost houses in Sri Lanka.

Discussions in this regard were held by representatives of Termotech Structures Ltd which is a joint venture of Chelina Capital Corporation a Sri Lankan group, and Sri Lanka's High Commissioner to Canada Daya Perera said recently. The proposal is for building pre-fabricated 450sq-foot two bedroom housing units. The company is already engaged in building similar houses in Vietnam.

The Structural Insulated Panels will be manufactured in situ using Sri Lankan labour provided by Chelina Capital Corporation. They have also offered to install water purification plants and solar panels free. The company also anticipates building groups of 20 houses within three days.

Associated in the discussions were Patrick Nilkamal Fernando agent for Chelina Capital, Gus Ayoub, Scott Gauthier Co-owner, Brent Danielle, Financial Officer Termotech, Steve Murphy and Ralston Seneviratne. Deputy High Commissioner C.H.A.M. Wijeratne and Counsellor Anjul Jhan was also present.

 

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