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Sri Lanka’s Access Engineering wins Rs9.3bn UDA housing deal

ECONOMYNEXT – Sri Lanka’s Access Engineering Plc has won a 9.37 billion rupee housing deal from the Urban Development Authority, the state information office said.

The project involves the building of 400 housing units for middle and low income earners in Elliot Place in Borella.

The original contract for the project had been terminated following financial difficulties of the contractors.

Access Engineering was awarded the contract following competitive bids called to complete the work. (Colombo/Sept23/2020)