Devendra Fadnavis government may not seek JICA funds for Mumbai-Nagpur expressway

Even as Japan International Cooperation Agency (JICA) is keen to fund infra projects in Maharashtra, the Fadnavis government is unlikely to approach the agency for the proposed Rs 30,000-crore Mumbai-Nagpur expressway citing long delays in getting approvals.

The Maharashtra State Road Development Corporation (MSRDC), which is implementing the 700-km 8-lane expressway, expects to commence work on the project by end October this year and complete by 2019, when the state as well as the nation go to polls.

“The proposed Mumbai-Nagpur super-communication expressway is a huge project and we will need to raise funds from various agencies. We are in talks with various national and multilateral lenders like the Asian Development Bank and the World Bank among others.

Source: ET

Advertisements

About SKKBDMS Tech Media

Internet marketing - SEO, SMO, Web Design, Development, etc, view more http://www.vikral.com/

Posted on May 25, 2016, in Uncategorized and tagged . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: