Surat Metro Rail Project: German bank delegation visits the city, holds meeting with SMC
June 07, 2019
Surat: A group of four officials from Germany based KFW bank visited Surat and held meeting with city Commissioner to discuss the possibilities of finance for upcoming Surat Metro rail project. The delegation watched presentation of proposed projects and even paid site visit. The delegation then left for Gandhinagar to hold discussion with executive agency of the project – Gujarat Metro Rail Corporation.
It’s worth noting that earlier France’s AFD bank officials had visited the city of Surat and expressed interested fof financing Rs. 2,000 crore for Rs. 12,636 crore Metro rail project which is planned in 40.35 km length.
DeshGujarat
Related Stories
Loan agreements for Rs. 3,464 crore signed for Surat Metro Rail Project-1
MoU signed for € 250 Million French funding to Surat Metro rail project
Sadbhav Engineering gets LOA for Rs 779.73 crore works of Surat Metro rail project
Recent Stories
- ED searches in Ahmedabad and Junagadh in PMLA case
- Prime Minister Narendra Modi on a Two-Day Visit to Gujarat on 26–27 May
- ED conducts PMLA searches in Ahmedabad, Surat, Andhra Pradesh
- Traffic restrictions announced in Ahmedabad for PM Modi’s roadshow on May 26
- GST dept cracks down on manpower service providers in Gujarat; ₹15 crore tax evasion uncovered
- Ahmedabad gets another Vande Bharat Express train to Saurashtra; here is the tentative timetable
- PM Modi to inaugurate/lay foundation stone for ₹53,000 crore projects from Bhuj on May 26