Updated By: LatestGKGS Desk
Sri Lanka signed a MoU with India to built 1200 houses in Hambantota
Sri Lanka signed a Memorandum of Understanding (MoU) with India to built 1200 houses in Hambantota (Southern port city of Sri Lanka)
The government of India has signed a Memorandum of Understanding (MoU) on 26 October 2017 with Sri Lanka to build 1200 houses in Hambantota. The agreement signed between two counties in a public ceremony held in the southern port of Sri Lanka.
The agreement signed by India High Commissioner to Sri Lanka Taranjit Singh Sandhu and Sri Lanka’s Secretary to the Ministry of Housing and Construction W. K. K. Athukorala.
The 1200 houses will be constructed through 50 model villages using India grant assistance of Rs 600 million. Out of these 1200 houses, 600 will be constructed in the Southern Province, while the remaining will be constructed across Sri Lanka with one model village in each of the 25 districts.
The project will target low income landless and homeless beneficiaries. A cash grant of Rs 500000 will be provided to each beneficiary in five installments.
