The High Commission of India signed two agreements for the construction of 10,000 houses in plantation areas of Sri Lanka under Phase Four of Indian Housing Project on Tuesday.
Separate agreements with the two Implementing Agencies namely National Housing Development Authority (NHDA) and State Engineering Corporation (SEC) are aimed at early roll out of construction of the 10,000 houses.
Counsellor and Head of Development Cooperation Wing, Eldos Mathew Punnoose, SEC Chairman Rathnasiri Kalupahana and NHDA General Manager Kankanamalage Ajantha Janaka were the signatories to the two agreements.
Phase Four of Indian Housing Project is spread across 11 Districts and six provinces in Sri Lanka. The overall commitment of the Indian Government under the Indian Housing Project currently stands at 60,000 houses. While 46,000 houses were completed in Northern and Eastern Provinces in the first two phases, the third phase for the construction of 4,000 houses in plantation areas is nearing completion.
Housing receives focused attention in India’s people-centric development cooperation partnership with Sri Lanka. Beyond Indian Housing Project, 2,400 houses are being built across the 25 Districts of Sari Lanka under different housing projects. India’s development cooperation portfolio stands at around US$ 5 billion, with close to US$ 600 million being in grants.
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