Deals29 Jul 2026, 07:20 pm
NBCC Signs $75 Mn Housing Project Deal in Seychelles
AI Summary
NBCC (India) Ltd has signed a formal agreement with the Government of the Republic of Seychelles for the construction of the Ile Aurore Housing Project. The project involves building 1008 affordable housing units and associated infrastructure. The total project value is USD 75 million, which will be funded by the Export-Import Bank of India (EXIM Bank) under its Line of Credit (LoC) scheme. NBCC will also act as the Project Management Consultant for this development, overseeing planning, design, and procurement.
Key Highlights
- NBCC secures $75 Mn housing project in Seychelles.
- Project includes 1008 affordable housing units and infrastructure.
- Funding provided by EXIM Bank via Line of Credit.
- NBCC to also serve as Project Management Consultant.
Price Impact
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