Don’t miss the latest developments in business and finance.

NBCC to execute social housing project in Mauritius

Image
Press Trust of India New Delhi
Last Updated : Mar 20 2017 | 8:22 PM IST
Public sector construction firm NBCC will execute Rs 130 crore housing project in Mauritius.
NBCC, which functions under the Urban Development Ministry, will construct 700 duplex type houses with 50 sqmt net floor area in 18 months in Dagotiere and Mare Tabac.
A Memorandum of Understanding (MoU) in this regard was signed here today in the presence of Urban Development Minister M Venkaiah Naidu and Mauritius Vice Prime Minister and Minister of Housing and Lands Showkutally Soodhun.
Ealier this month, NBCC had inked an agreement to construct new Supreme Court building at a cost of Rs 220 crore in Port Louis in 24 months.
Indian government has sanctioned a grant of USD 353 million for execution of five projects in Mauritius including Metro Express Project, new ENT Hospital and supply of digital tablets to primary school children.
Naidu said the bilateral cooperation between the two countries has a strategic dimension and both the countries have an important role to play in ensuring peace and prosperity in the Indian Ocean region.

Also Read

He expressed happiness over commencement of construction of the World Hindi Secretariat and the Chancery Project of Indian High Commission in Mauritius.
Meanwhile, Singapore Minister of Trade and Industry S Iswaran also called on Naidu and held discussions relating to implementation of new urban missions and development of Amaravathi as the capital of Andhra Pradesh.
The two leaders, in particular, discussed about municipal solid waste management and water recycling.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Mar 20 2017 | 8:22 PM IST

Next Story