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Russian firm mulls houses in Sri Lanka
5 March 2011: The MSK Engineering institute, a leading construction company in Russia is planning to build low cost houses in Sri Lanka. Sri Lanka's Ministry of Construction, Engineering Services, Housing and Common Amenities, is to implement a low cost housing project under the 'Jana Sevana' programme with financial assistance from the Russian government.
The company is to build 2,512 houses for commercial purposes and another 1,000 houses for the low-income people under the project. The houses for commercial purposes which will be available for expatriates and other workers employed abroad are built as a move to earn foreign remittance. The houses for the low-income people will be granted to 1000 families free of charge.
Source: Colombo Page