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Thursday, February 01, 2001

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HUDCO to rebuild infrastructure

By Our Special Correspondent

NEW DELHI, JAN. 31. The Chairman and Managing Director of the HUDCO, Mr. V. Suresh, has begun a spot assessment of the extent of damage to buildings in the quake-hit areas of Gujarat.

The HUDCO committed itself, at a meeting called by the Union Urban Affairs Minister, Mr. Jagmohan, here on Monday, to providing an assistance of about Rs. 1,000 crores to Rs. 1,500 crores to rebuild the infrastructure. The aid would be backed with a technology package to ensure that the reconstructed buildings were quake-proof, a HUDCO spokesperson said.

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