Japanese participation to increase

The President, Japan International Cooperation Agency (JICA), Mr. Shinichi Kitaoka meeting the Union Minister for Urban Development, Housing & Urban Poverty Alleviation and Information & Broadcasting, Shri M. Venkaiah Naidu, in New Delhi on December 22, 2016. The Secretary, Ministry of Housing and Urban Poverty Alleviation (HUPA), Dr. Nandita Chatterjee and the Secretary, Ministry of Urban Development, Shri Rajiv Gauba are also seen. — *Kitaoka meeting Naidu with their officials on December 22, 2016.*

More and more Japanese companies will be encouraged to participate in India’s infrastructure development, procurement from Indian companies, a senior Japanese trade executive said in New Delhi.

“Japanese companies would be encouraged to set up their India bases to further ‘Make in India’ efforts,” said #Japan International Cooperation Agency (JICA) President #Shinichi Kitaoka.

The Japanese companies would also be encouraged to increase procurement from Indian companies, said Kitaoka, after a meeting with #Urban Development Minister #M. Venkaiah Naidu on Dec 22, 2016.

Kitaoka and Naidu a wide range of Japanese companies’ participation and JICA’s role in India.

Kitaoka assured that JICA would consider positively the suggestions including sourcing of equipment and rolling stock for metro projects from India for projects financed by it.

Efforts would also be made to reduce time taken for appraisal of projects for financing, support new metro projects and speed up the #Varnasi Convention Centre Project, said Kitaoka.

JICA has agreed to give a grant of Rs.150 crore to the Centre which will be named #“India-Japan Friendship Convention Centre” in recognition of the time tested and growing cooperation between the two countries, said Naidu.

Naidu noted a significant scope for increased involvement of JICA in Micro Tunneling, Pipe Jacking and Trenchless technology for metro projects, Non-revenue water management, Waste water recycling and reuse, Capacity building and technology transfer, Artificial recharge of acquifers, Integrated Solid Waste Management and Metro projects.

Noting that JICA has been a reliable and longstanding partner in infrastructure development in India, Naidu said he would like further upscaling of this cooperation.

He said that under Make in India campaign, several foreign and Indian companies have expanded their production bases in India, and called for more Japanese companies participation.

Kitaoka led a high level JICA delegation to the meeting with Naidu on Dec 22, 2016. fii-news.com