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Japan to invest in road, maritime sectors

Japan to invest in road, maritime sectors

After investing in the railways and metro rail transportation in India, Japan is looking to step up its investments in roads and maritime sectors. A Japanese delegation led by Takeshi Maeda, Japanese Minister for Land, Infrastructure, Transport and Tourism, met its Indian counterparts in highways and shipping sectors. Japan has part-funded the dedicated rail freight corridor and the Delhi Metro Rail. It is also keen on funding the proposed high-speed train projects.

The Japanese team was particularly keen on port connectivity, draft, new berths, terminals and other facilities at the Ennore and Chennai ports. Japanese firm Nissan has an interest in exporting cars from Ennore port. In a meeting with the Shipping Minister, GK Vasan, bilateral issues concerning the port and shipping sectors and other issues of mutual interest such as ship-breaking, ship-building, connectivity projects to ports and exchange programmes were taken up.

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