$3.4B HDC contracts scrapped
Politics
Business
Legal
June 19, 2026
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Akash Samaroo
The Housing Development Corporation (HDC) has officially cancelled its controversial $3.4 billion Design-Build-Finance (DBF) housing procurement programme. Minister in the Ministry of Housing Phillip Alexander confirmed this yesterday, saying the Government took the decision to pull the process entirely rather than allow it to become mired in prolonged disputes and delays that could further postpone the delivery of thousands of homes.
This brings an abrupt end to a process that is still under scrutiny from the Office of Procurement Regulation (OPR) since April.
Politics
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