Sunday, January 19, 2025
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Sri Lanka to resume housing projects with support from ADB

January 19, Colombo (LNW): The Ministry of Urban Development, Construction and Housing has revealed plans to engage in discussions with the Asian Development Bank (ADB) next week to revitalise several housing projects that were previously suspended.

These initiatives, which had faced delays, will be re-evaluated and, in many cases, relaunched with the intention of providing affordable housing to thousands of families across the country.

Minister Dr. N.G. Anura Karunathilaka emphasised that the project will be rolled out in phases, with initial discussions focused on identifying the most pressing needs and the steps required to get the projects back on track.

He noted that the aim was to ensure that the housing initiatives align with the current demands of the population and support the overall national development goals.

One of the key highlights of the minister’s announcement was the commitment to resume construction of 48,000 houses that had been halted in previous years due to various challenges.

Minister Karunathilaka expressed his determination to restart these housing projects and address the backlog, ensuring that the homes would be completed as soon as possible to provide relief to those in need.

These discussions with the ADB are expected to pave the way for additional financial and technical support, which will be crucial in accelerating the progress of these projects.

With the collaboration of international partners and local authorities, the government aims to improve the living standards of citizens, particularly those who have been waiting for years to move into homes that were initially promised to them.

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