Housing and Urban Development Corporation (HUDCO) has signed a Memorandum of Understanding (MoU) with the National Institute of Urban Affairs (NIUA) on November 24, 2025. The MoU aims to develop programmes related to urban infrastructure and investment, including HUDCO’s Urban Invest Window (UiWIN). Both parties will collaborate on capacity building, research, and exploring funding opportunities.
Strategic Collaboration for Urban Development
HUDCO and NIUA have entered into a partnership formalized by a Memorandum of Understanding (MoU) signed on November 24, 2025. This collaboration aims to leverage the strengths of both organizations to enhance urban infrastructure development. The primary focus is on investment, training, research, and capacity building activities within the urban sector.
Key Areas of Cooperation
The MoU outlines several key areas of mutual cooperation between HUDCO and NIUA:
- Developing programmes of mutual interest related to urban infrastructure and development, including HUDCO’s Urban Invest Window (UiWIN).
- Organizing capacity building programs, seminars, conferences, and workshops.
- Conducting research, monitoring, evaluation, and impact studies.
- Exploring collaborations with multi-lateral funding agencies.
Focus on Infrastructure and Investment
The partnership intends to foster development in themes related to urban infrastructure, including infrastructure investment. The collaboration seeks to explore opportunities with multi-lateral funding agencies to further support urban development initiatives. The MoU is valid for 5 years from the date of execution, ensuring a sustained commitment to these collaborative goals.
Source: BSE