NBCC spreads footprint in Africa, signing MOU for Cooperation to construct mass housing in Zambia
To mitigate the acute shortage of housing in the Republic of Zambia, NBCC, the Navratna CPSE of the Government of India, signed an MOU for cooperation with Scirocco Enterprises Limited of Zambia for the construction of 100,000 housing units (low and medium cost).
NBCC spreads footprint in Africa, signing MOU for Cooperation to construct mass housing in Zambia
NEW DELHI- To mitigate the acute shortage of housing in the Republic of Zambia, NBCC, the Navratna CPSE of the Government of India, signed an MOU for cooperation with Scirocco Enterprises Limited of Zambia for the construction of 100,000 housing units (low and medium cost).
The MoU was signed through virtual mode by Shri K.P.M. Swamy, Director (Commercial), NBCC (India) Ltd. and Mr. MaustafaSaadi, Chief Executive Officer, Scirocco Enterprises Limited in the presence of Shri P.K. Gupta, CMD, NBCC. Director (Fin.) and HoD (BD), NBCC were also present.
The housing units are to be constructed by the year 2030. NBCC will provide its state of art engineering services as EPC Agency. It is to mention that NBCC successfully completed Social Housing in Mauritius and Construction of Social Housing units at Maldives is under progress.
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