Japanese technologies of high speed rail

India and Japan have signed two loan agreement for construction of Mumbai-Ahmedabad High Speed Rail Project of Yen 89.457 billion (Rs.5,591 crore approx.) and Kolkata East-West Metro Project (III) of Yen 25.903 billion (Rs.1,619 crore approx.).

The agreements were signed by Dr. C.S. Mohapatra, Additional Secretary, Department of Economic Affairs (DEA) and Katsuo Matsumoto, Chief Representative of Japanese Official Development Assistance.

The objective of the Mumbai-Ahmedabad High Speed Rail Project is to develop mass and high frequent transportation system by constructing high speed rail between Mumbai and Ahmedabad with the use of Japanese rail technologies, thereby improving the connectivity in India.

The objective of the Kolkata East West Metro Project is to cope with the increase in traffic demand in Kolkata metropolitan area by extending the mass rapid transit system and improving urban environment through mitigation of traffic jams and decrease of pollution caused by increasing motor vehicles. fiinews.com