Date of Post: 26 June, 2018
Mumbai: Maharashtra is in “final” talks with the AIIB for funding the Metro projects, Chief Minister Devendra Fadnavis said. The chief minister addressing a session at the 3rd annual meeting of the AIIB (Asian Infrastructure Investment Bank).
- He said,”Maharashtra is in “final” talks with the AIIB for funding the Metro projects, and the process is likely to be concluded soon”.
- Fadnavis added,”However, on the Mumbai-Nagpur prosperity corridor, we have just initiated talks with the AIIB though the state has already tied up with some Indian banks for the projects.”
- The country is looking at a very high growth rate and infrastructure development, for which sustainability is the key, the chief minister said.
- Maharashtra is targeting to be the first state to have a USD 1-trillion economy in the country and infrastructure-enabled growth will help it achieve the same, Fadnavis said.
Deepak Kumar is a part of the content team of Rail Analysis India as a writer and analyst .
His focus is on new initiatives on the Railway Sector of India .
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