 "Cabinet approves MoUs with Kenya, Mozambique")
Government today approved a Memorandum of Understanding (MoU) signed with Kenya for collaboration on matters related to housing and human settlements.
The MoU was signed on July 11 this year at Nairobi during the visit of Prime Minister Narendra Modi.
"The Union Cabinet under the chairmanship of Prime Minister Narendra Modi has given its ex post facto approval for the Memorandum of Understanding (MoU) between India and Kenya on cooperation in the field of National Housing Policy Development and Management (NHPDM)," an official release said.
According to the MoU, both the sides will collaborate on all matters relating to housing and human settlements through various strategies including training of personnel, exchange visits, expos/exhibitions, conferences and workshops, it added.
The cooperation between the two nations will focus on up scaling slum upgradation and prevention initiatives based on the experience and implementation process of each country.
Besides, the two nations will also collaborate on development and sharing of information on housing and real estate data base including market trends, best practices and investment opportunities, the release said.
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The MoU will encourage technical cooperation in facilitating access to affordable housing from locally available building materials, it added.
Meanwhile, the Cabinet was also apprised of the MoU signed on July 7 this year with Mozambique on cooperation in the field of Youth Affairs and Sports during the visit of Modi to the southern African nation.
"This MoU will help in promotion of sports in the two countries and will promote exchange of ideas, values and culture amongst Youth and in developing friendly relations," another release said.