Thursday, August 15, 2013

* India's housing project in Sri Lanka to reach target of 50,000 houses by 2015

Aug 15, Colombo: India's developmental assistance project to build 50,000 houses in the North and East is making rapid progress, the Indian High Commissioner in Colombo, Y.K. Sinha says.
Addressing India's 67th Independence Day celebrations in Colombo Thursday the High Commissioner noted that the second Phase of the Indian Housing Project for 43,000 housing units under the owner-driven mode in the Northern and Eastern Provinces launched is making rapid progress.
Since its launch on 2 October 2012 more than 13,000 houses are in various stages of construction, and the second phase is expected to be completed by the end of this year.
The High Commissioner said the target of completion of all 50,000 houses will be reached before the end of 2015.
According to the Indian High Commissioner, given the project's scale and reach, the Housing Project is the flagship project of India's development assistance to Sri Lanka and is one of the largest grant assistance projects undertaken by the Government of India in any part of the world.
The High Commissioner said other India's developmental assistance projects that are based on the priorities set by the Sri Lankan government and the people are also have made impressive progress.
"Under the Small Development Project scheme, a number of projects have been successfully completed and many more included to our growing project portfolio in all parts of Sri Lanka," he noted.
According to the envoy, these projects are in diverse sectors including health, education, agriculture, fishing, small and medium enterprises development, community empowerment, art, craft and culture.

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