Liu Guoyu, Commercial Counsellor of the Chinese Consulate in Mumbai, outlines the measures that India and China can take to boost their partnership in the infrastructure domain for a mutually beneficial relationship.
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Centre offers loan to Nhava-Sewri sea link project
In Mumbai, the Rs 9,630-crore sea link project to connect peninsular Mumbai with Navi Mumbai has moved a step closer to reality with the Centre offering a loan to the project's developer to cover any financial shortfall. Delayed by at least 10 years, work on the Nhava-Sewri sea link project, also known as Mumbai trans harbour link (MTHL), is now expected to start by the year-end or early next year.