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EU announces €14 million funds for housing construction in North-East

The European Union has initiated a €14 million programme for an ‘incremental’ housing project to resettle people displaced in the North East, reports the Sri Lankan Ministry of Defence website.

The scheme is intended to aid the construction of 3,000 incremental owner driven houses and improve the local construction supply chain.

The decision was announced by the EU manager of the Infrastructure and Reconstruction programme of the delegation of the European Union to Sri Lanka and the Maldives, Jaime Royo-Olid during a meeting with the Sri Lankan Minister of resettlement, Reconstruction and Hindu Religious Affairs, DM Swaminathan, on Saturday.

Mr Swaminathan said that it has become the policy of the current government to maintain close ties with the EU and the international community.

Related article:

Tata's $400mn housing project launched in Colombo (14 May 2014)

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