After the conclusion of satisfactory negotiations, the HDC says a Chinese firm has agreed to build 5,000 housing units in Trinidad.
Tomorrow, the Housing Development Corporation will sign a contract with China Gezhouba Group International Engineering Company Limited for Phase 1 of that project.
HDC says this is for the design, build and financing of housing units to benefit low and middle income families.
It adds that negotiations were held with CGGC over the past year.
The homes will be built over a specific period however HDC has not yet revealed the timeline.
The official contract signing ceremony is being held on Friday 17th May at the Hyatt Regency and 103FM News will bring you the latest information on this agreement.