India, Japan sign loan agreements for Metro, rail projects
Friday - September 28, 2018 8:32 pm ,
Category : BUSINESS
New Delhi Sep 28 (IANS) India on Friday signed two loan agreements with Japan for construction of a Metro project in Kolkata and a high-speed rail project between Mumbai and Ahmedabad said an official.
As per the agreements the Japan International Cooperation Agency would provide a loan worth Rs 5 591 crore for construction of Mumbai-Ahmedabad high-speed rail project and another worth Rs 1 619 crore for Kolkata East-West Metro project.
"This further consolidates and strengthens the strategic and global partnership between India and Japan " an official statement said.
--IANS vv/nir
As per the agreements the Japan International Cooperation Agency would provide a loan worth Rs 5 591 crore for construction of Mumbai-Ahmedabad high-speed rail project and another worth Rs 1 619 crore for Kolkata East-West Metro project.
"This further consolidates and strengthens the strategic and global partnership between India and Japan " an official statement said.
--IANS vv/nir
