NBCC to execute housing projects worth Rs.130 crore in Mauritius
The Dollar Business Bureau
State-run construction company NBCC Ltd will execute housing projects worth Rs.130 crore in Mauritius.
NBCC (India) Ltd, which is managed by the Ministry of Urban Development, will build 700 duplex-type homes with 50 square metre net floor area in one-and-a-half year time in Mare Tabac and Dagotiere of Mauritius.
In this regard, a Memorandum of Understanding (MoU) was signed on Monday in the presence of M Venkaiah Naidu, India’s Urban Development Minister, and Showkutally Soodhun, Vice Prime Minister and Minister of Housing and Lands of Mauritius.
Earlier in March, NBCC had signed an agreement for constructing a new building for Supreme Court in Port Louis at an investment of Rs.220 crore in 2 years.
The Government of India has sanctioned $353 million as the grant for executing five projects in the island nation including new ENT Hospital, Metro Express Project and for supplying of digital tablets to children of primary schools.
Naidu said that the bilateral cooperation between India and Mauritius has a strategic aspect and both the nations have a vital role to play to ensure prosperity and peace in the Indian Ocean region.
The Minister also expressed happiness over the commencing of construction of the Chancery Project of Indian High Commission and World Hindi Secretariat in Mauritius.
In the meantime, S Iswaran, Singapore Minister of Trade and Industry also called on Venkaiah Naidu and held talks related to the implementation of new urban schemes and for the development of Amaravathi as Andhra Pradesh capital.
Particularly, the two sides discussed the management of municipal solid waste and recycling of water.