Maharashtra in Talks With AIIB For Funding Metro Projects: CM Devendra Fadnavis

Maharashtra in Talks With AIIB For Funding Metro Projects: CM Devendra Fadnavis

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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).

More Information:

  • 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.

Author:

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 . 
Please reach us at editor@railanalysis.com for more information .


 

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