Kahawatte Plantations, one of the largest listed regional plantation companies owned by MJF Holdings, has begun a project to provide new houses to worker families at the company’s Kataboola estate. The project is being financed by Hatton National Bank. The initiative, which will see the construction of 25 new housing units with basic facilities such [...]

Feeds Editorials Times Online

The Sundaytimes Sri Lanka

Kahawatte Plantations in Rs 10 mln housing project for workers

View(s):

Kahawatte Plantations, one of the largest listed regional plantation companies owned by MJF Holdings, has begun a project to provide new houses to worker families at the company’s Kataboola estate. The project is being financed by Hatton National Bank.

The initiative, which will see the construction of 25 new housing units with basic facilities such as water, electricity, and proper drainage systems, has been facilitated by the Consortium of Humanitarian Agencies (CHA) while funding has been obtained under the Lanka Financial Services for Under-served Settlements (LFSUS) Guarantee Scheme. The project is scheduled to be completed within the next six months.

Kataboola Estate, situated in the Central Province of the island, spans 409 hectares of tea and provides a livelihood for 1,167 families residing in the plantation. The total population of the estate is 4,496 people.

“The new houses are for a group of families whose houses have been dilapidated over time as well as several selected top performers,” said Roshan Rajadurai, Chief Executive of Kahawatte Plantations. Each family will pay Rs 5,000 a month to Kahawatte Plantations to the HNB over a period of 10 years, a media statement issued by the company said.




Share This Post

DeliciousDiggGoogleStumbleuponRedditTechnoratiYahooBloggerMyspace
comments powered by Disqus

Advertising Rates

Please contact the advertising office on 011 - 2479521 for the advertising rates.