MANU/PIBU/0466/2019

Department/Board : Press Information Bureau

Date : 27.03.2019

Cabinet apprised about MoU between India and Saudi Arabia for cooperation in the field of Housing

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, was apprised about an MoU signed in February, 2019 between India and Saudi Arabia for cooperation in the field of Housing.

The MoU will promote technical cooperation in the field of Housing, including affordable/low income housing and enhance participation of authorities and companies in the housing and infrastructure projects undertaken in both the countries. It will also promote sharing of knowledge and experiences in development and transfer of modern construction techniques and encourage R&D in the fields of housing development.