ST. GEORGE’S, Grenada, CMC – Grenada has signed an agreement with a Chinese company for the construction of over 2,000 middle-income housing units over the next five years.
Social Development and Housing Minister Delma Thomas has signed a Memorandum of Understanding (MoU) with Chinese real estate, construction and development company, Gao Zhen.
“Today’s signing signifies that we are taking a step in the next direction to assist middle-income earners in having their own homes,” Thomas said, adding “we are happy to sign this agreement and look forward to seeing the construction phase begin, as we strive to provide housing for persons in the middle-income bracket”.