Cabinet panel approves construction of 520 flats

The cabinet committee on purchase yesterday approved the construction of 520 flats in Mirpur costing Tk 272.67 crore to sell them among low- and middle-income buyers.

The flats, each covering an area of 1,500 square feet, will be housed in five 14-storey buildings, according to a proposal from the housing and public works ministry.

The committee also selected five bidders for constructing the buildings.

The flats are part of a government plan to construct ten 14-storey buildings at Mirpur Section-9 by 2018. The government has already allotted Tk 670 crore for the purpose.

The committee also gave consent to the purchase of electric equipment, including 182,423 poles at a cost of Tk 473.85 crore, to expand electricity coverage in rural areas.