Indian Railways to offer 20 stations to Malaysia for redevelopment

Indian Railways to offer 20 stations to Malaysia for redevelopment

The Indian Railways is firming up plans to join hands with Malaysia to redevelop about 20 stations in Tier-II cities across the country.

Aimed at attracting nearly Rs1 lakh crore private investment, the station redevelopment project envisages infrastructure revamp at platforms and circulating areas. It also entails commercial exploitation of station areas for constructing hotels, eateries, multiplexes, shopping malls and office complex among others for the use of developers for a period of 45 years. Read More…

 

 

 

Credit By: Live Mint

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