Sri Lanka to build high rises for shanty-dwellers

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

Oct 04, 2012 (LBO) – Sri Lanka’s urban agency will be given state land in 15 locations to build high rise apartments for people living in underserved settlements in the capital Colombo, cabinet spokesman minister Keheliya Rambukwelle said. The agency has already awarded contracts to build 9,781 housing unit in 11 locations in Colombo which are expected to completed in the next two years.

Sri Lanka’s Urban Development Authority is building 65,000 housing units to relocate people in underserved areas.

The freed land will be used for commercial and mixed development projects.

Rambukwelle said about 35 acres of stateland would be given as ‘free grants’ to the UDA.