Budget 2027 to address stalled housing projects

The Ministry of Housing, Construction and Water Supply has drawn attention to allocating provisions from the 2027 Budget to complete houses left unfinished across the country.

Minister Susil Ranasinghe told Parliament’s Advisory Committee that action will be taken based on recommendations from a five‑member panel co‑chaired by two former Ministry Secretaries. 

The committee has already begun gathering data on stalled housing projects, identifying those in usable condition, and preparing proposals for next steps.

According to the Minister, nearly 5,000 housing projects started under previous governments remain incomplete due to loans and aid funds not being fully disbursed. Final decisions on these projects will be made once the committee submits its recommendations.

Ranasinghe added that assistance will be provided next year to families needing completion of partially built houses, with around 2,000 families expected to benefit.

Members of Parliament at the meeting also raised housing and water supply issues in their constituencies. 

The Ministry agreed to convene a special session with all stakeholders to discuss housing challenges, including projects for low‑income families in the Colombo District. (Newswire)

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