Bullet Train Project Moves Ahead. Pact Signed With Japanese Funding Agency For Rs 1 Lakh Crore 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. The pact is significant because it marks the finalisation of the methodology of project work. This, in turn, will boost actual project implementation.

JICA said in a statement that the agency has signed a Memorandum for General Consultancy (GC) to “provide design and bidding assistance for the public works and systems required for the construction of a high-speed railway linking two cities Mumbai and Ahmedabad in India”. Read More…

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