Cabinet approval has been given to sign an agreement with the Government of China for the construction of houses for low-income people within the Western Province.
According to the government, the Government of China has given its consent to finance a grant of Yuan 552 million to Sri Lanka for this project.
Under the project, a total of 1,996 housing units will be constructed as assistance for the urban restoration project.
The project will provide residents of low-facility housing schemes within the Western province with houses in the urban housing schemes with facilities.
As per the agreement, the Government of Sri Lanka would be responsible for land development and supply of infrastructure facilities covering the site limit.
Accordingly, the Cabinet of Ministers has approved the proposal submitted by the Minister of Urban Development and Housing to sign the agreement to the relevant project implementation with the Government of China. (NewsWire)