The Delhi Metro’s expansion plans got a boost with Japan keen to participate in its future projects as well as carry out feasibility study for the capital’s mono rail systems and urban transportation.
The Urban Development Minister Kamal Nath met the Japan International Cooperation Agency (JICA) officials and talked about participation in metros. Nath said that the Japanese funding agency, which had extended financial support for all the three phases of Delhi Metro’s expansion, had shown enthusiasm for the future expansion plans too. For Delhi Metro’s Phase III expÂansion, JICA has already proÂmised loans for approximately Rs 14,000 crore which form about 40 per cent of the cost
of the project.
Nath also said that when it came to infrastructure India had a lot of catching up to do.
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