Indian housing project | Almost complete: Indian HC
2 years ago
India’s flagship housing project, envisaging the construction of 50,000 houses in Sri Lanka at an overall outlay of Rs. 33 billion under a full grant basis, is almost complete, a statement from the Indian High Commission in Sri Lanka said. The statement revealed that the contract for the construction of transit housing units in Mannar was awarded to M/s R.A. Construction at the High Commission of India in Sri Lanka on 18 August 2020. The agreement was signed by R.A. Construction and Indian High Commission Counsellor of Development Co-operation Banu Prakash in the presence of Deputy High Commissioner of India Vinod K. Jacob and Secretary to the Ministry of Tourism S. Hettiarachchi. “The project envisages construction of 144 transit housing units in Mannar as identified by the Government of Sri Lanka, under an Indian grant assistance of Rs. 300 million. The Government of India has been implementing several projects in the field of housing islandwide, deepening India-Sri Lanka co-operation in livelihood development. India’s flagship housing project envisaging construction of 50,000 houses in Sri Lanka at an overall outlay of Rs. 33 billion under a full-grant basis is almost complete. “An agreement for the construction of an additional 10,000 houses in the plantation areas at an outlay of Rs. 11 billion on a grant basis was signed in August 2018. This makes the total number of houses being built under the Indian housing project as 60,000. In addition, close to 3,000 houses are being built under the model villages housing programme in all districts of Sri Lanka, taking the total number of houses being built by India in Sri Lanka to 63,000. “These projects are in continuation of the Government of India’s people-oriented development co-operation with the Government of Sri Lanka. India’s overall development portfolio in Sri Lanka currently stands at close to Rs. 517 billion, out of which Rs. 92 billion is grant assistance and more than Rs. 425 billion under Lines of Credit and Buyer’s Credit,” the statement added.