July 15, Colombo: Sri Lankan and Chinese Governments today signed an agreement to construct urban housing project of 130,000 units in selected areas of Colombo and its suburbs.
The agreement for this project worth of 1.2 billion rupees was signed this morning at the Ministry of Constructing and Engineering Services.
Construction and Engineering Services Minister, Dr. Rajitha Senaratna and Liu Wei, the Deputy Chairman of the Chinese International Economic and Technical Cooperative Agency signed the agreement on behalf of the two governments.
The houses are to be constructed at Dematagoda, Panchikawaththa, Ragama and Keppitipola Mawatha in Colombo.
Minister Senarathna told the media that the housing project would be completed on two years.