Telangana’s Chief Minister Mr. A. Revanth Reddy held high-level discussions with JICA in Tokyo to explore financial support for major infrastructure projects, including the Rs. 24,269 crore Hyderabad Metro Rail Phase 2. The meeting focused on securing a Rs. 11,693 crore loan, highlighting Telangana’s strong intent to fast-track urban development.
Strategic Dialogue in Tokyo:
Chief Minister Mr. Revanth Reddy led the Telangana Rising delegation in discussions with JICA’s top leadership, seeking cooperation on key infrastructure projects.
Image Credit: Hyderabad Metro
Metro Phase 2 in Focus:
The highlight was the Rs. 24,269 crore Hyderabad Metro Phase 2 project, aimed at expanding mass transit and reducing congestion.
JICA Loan Request:
Telangana proposed a 48% loan from JICA, amounting to Rs. 11,693 crore, to support the metro expansion under the central government’s joint venture model.
Broader Development Agenda:
Talks also covered the River Musi rejuvenation, Outer Ring Road connectivity via Radial Roads, and the Regional Ring Roads project.
Leadership Participation:
Metro MD Mr. NVS Reddy and JICA Senior VP Mr. Shohei Hara were actively involved in the discussions, reinforcing bilateral cooperation.
Image Credit: Hyderabad Metro
Conclusion:
The Telangana–JICA engagement marks a pivotal moment in the state’s urban development roadmap. With the Centre’s nod awaited, JICA’s financial support could accelerate the Hyderabad Metro Phase 2 rollout, enhancing mobility and infrastructure. The collaboration underscores Telangana’s commitment to transformative, sustainable urban transport and strategic global partnerships.
Source: Hyderabad Metro | Featured Image Credit (representational): Hyderabad Metro
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