Jetson gets RM28m Sri Lanka contract

Posted on | April 10, 2007

By BUSINESS TIMES

KUMPULAN Jetson Bhd’s subsidiary Jetson Construction Sdn Bhd has been awarded a US$28.39 million (RM97.95 million) project to build about 2,500 units of affordable houses in Colombo, Sri Lanka, by Real Estate Exchange (Private) Ltd (REEL). The project will be financed by both internally-generated funds and bank borrowings. REEL is the management arm of the Sustainable Townships Programme under Sri Lanka’s Ministry of Urban Development and Water Supply.

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