Japan International Cooperation Agency (JICA) is the main funding agency in Bullet Train project of India. It would be engaging experts to boost the regional economy of the areas where stations would fall en-route between Mumbai and Ahmadabad. This would be done keeping in view the futuristic developmental projects of the country.
Japan International Cooperation Agency (JICA) has signed an agreement with the Government of India to provide loan assistance of 8,082 million Japanese Yen (approximately Rs 500 crore) for installation of intelligent transport systems in the city.
A three-tier system will monitor the Ahmedabad-Mumbai bullet train project, the deadline for which has been pushed forward by a year to 2022.
The Japan International Cooperation Agency (JICA) recently signed an agreement with the Union government in New Delhi to provide 67,170 million Japanese Yen (approximately Rs 4,000 crore) for Phase I of the North East Road Network Connectivity Improvement Project.
Bullet Train Project Moves Ahead. Pact Signed With Japanese Funding Agency For Rs 1 Lakh Crore Project
Railway Ministry and National High-Speed Rail Corporation (HNSRC) have signed a tripartite pact with Japan International Cooperation Agency (JICA) for the development of Mumbai-Ahmedabad high-speed rail corridor.