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WPC to become landlord



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by Maheesha Mudugamuwa


Western Provincial Council (WPC) would shift into investments by acquiring expensive lands in Colombo and constructing mega scale apartments for low and middle income families as well as for the rich, Western Provincial Chief Minister Isura Devapriya has said yesterday.


Addressing the media at his office, CM Devapriya said the Council would also acquire luxury hotels in Colombo or in any part of the country and it would actively participate in tourism in the future.


"We will buy a bungalow in Nuwara Eliya, lands from Thalawathugoda, Malabe, Kataragama in the future and invest to improve them," he said.


The housing schemes or apartments would not be sold out instead they would be rented out by making a stable income for the council, Devapriya explained.


"There was no point of keeping money owned by the council in banks. The money should be invested," he said.


"If there are any vacant hotels in Colombo, we will definitely buy them,"


CM Devapriya highlighted that all apartments or housing constructions were currently being conducted by the private sector. The government had no ownership in any hotel in Colombo, he said.


The tourism industry should be developed and for that investments should be made, he said.


According to CM Devapriya, over 80,000 people were working at WPC and other related institutions.


 
 
 
 
 
 
 
 
 
 
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