September 07, 2008

Japan to fund INR 8,582 crore in India’s infra projects

It is reported that Japan has committed to give India INR 8,582 crore as assistance for developing 9 infrastructure projects.

The assistance will help in undertaking infrastructure projects, including Kolkata metro project, Hogennakal water supply project and Tamil Nadu urban infrastructure project.

The phase II of the Delhi metro project will also be funded by Japan. This is the highest ever official development assistance by the Japanese government to India.