Commencement of the Feasibility Study on the Development of Multimodal, High-Axle Load Dedicated Freight Corridors for Delhi-Mumbai and Delhi-Howrah Rail Routes with Computerised Control
June 9, 2006
- Japan will launch on June 12 the feasibility study on the development of multimodal, high-axle load dedicated freight corridors for the Delhi-Mumbai and Delhi-Howrah rail routes with computerised control. This feasibility study will be implemented as a follow-up to the Japan-India Joint Statement issued during the Prime Minister of Japan, Junichiro Koizumi's visit to India in April last year.
- Through this feasibility study, Japan will examine specific cooperation through ODA, including the possibility of construction of freight corridors for the Mumbai-Delhi and Delhi-Kolkata rail routes (total length: about 2,800 km), and also may consider, based on the Japan-India Joint Statement, the possibility of applying the Special Term for Economic Partnership (STEP) by yen loan.
- Due to the economic growth, the augmentation of freight capacity in India is highly required, and reinforcement of efficient physical distribution system is becoming one of the major issues among improvement of infrastructure to which India gives high priority. This feasibility study is expected to contribute to the efficient physical distribution, promotion of economic activities and improvement of the investment climate in India.
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