COLOMBO, Feb. 18 (Xinhuanet) -- Venezuela signed a Memorandum of Understanding (MoU) recently with Sri Lanka's Reconstruction and Development Agency (RADA) to launch a housing project to assist tsunami victims in the country, Daily News reported Saturday.

    Venezuela donated funds worth 6.2 million U.S. dollars for Sri Lanka's post tsunami reconstruction activities in June last year, it said.

    The MoU, signed by Counselor of the Embassy of Venezuela, Luis Raul Montell and Chief Operating Officer of RADA, Saliya Wickremasuriya, will enable Venezuela Embassy officials and RADA to use the funding and embark on the housing construction project.     

    RADA said the donor funds would be used to construct up to 600-1,000 permanent houses in south Sri Lanka. Enditem