The first phase of the Slave Island Redevelopment Project, Metro Homes was inaugurated on Thursday and handed over to the beneficiaries by Prime Minister Ranil Wickremesinghe.
Well-built houses with all modern amenities were handed over to around 626 families and fully developed commercial spaces to around 114 shop owners. The investment made is around LKR 7000 million. It is a unique project completed by Tata Housing which has ensured re-housing of the existing community in a residential complex with improved infrastructure.
Prime Minister Ranil Wickremesinghe told the gathering that he looked forward to further strengthening the connectivity and people-to-people ties between both the countries.
In his inaugural speech, Indian High Commissioner Taranjit Singh Sandhu stressed that India and Sri Lanka are going through a phase of rapid urbanization and there was a need to ensure smart development of our cities with due emphasis on ‘inclusivity’ and ‘sustainability.'
Tata is a well-known name in Sri Lanka and is a global enterprise with an annual revenue of more than US$ 100 billion and with operations in more than 100 countries across the globe. They have operated in Sri Lanka since 1961 in several verticals like Transport, Communications, Hospitality etc.
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