Agreements signed for construction of 10,000 houses under phase-IV of Indian funded project

The Indian High Commission here said yesterday it signed two agreements for the construction of 10,000 houses in plantation areas of Sri Lanka under Phase-IV of Indian Housing Project on 28 November 2023.

Issuing a press release, it said: 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, the High Commission said.

Counsellor and Head of Development Cooperation Wing, Eldos Mathew Punnoose, Chairman of SEC, Rathnasiri Kalupahana, and General Manager, NHDA, Kankanamalage Ajantha Janaka were the signatories to the two agreements.

“Phase-IV of Indian Housing Project is spread across 11 Districts and 6 provinces of Sri Lanka. It may be recalled that the overall commitment of the Government of India 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 4000 houses in plantation areas is nearing completion. Housing receives focused attention in India’s people-centric development cooperation partnership with Sri Lanka. Beyond the Indian Housing Project, 2400 houses are being built across the 25 Districts of Sri Lanka under different housing projects. India’s development cooperation portfolio stands at around USD 5 billion, with close to USD 600 million being in grants,” it said.