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Home > News > PTI

Govt seeks Japanese help for Delhi, Bangalore metro projects


November 30, 2005 22:11 IST

The government has sought the assistance of the Japan Bank of International Cooperation to fund the Bangalore Metro project and the second phase of the Delhi Metro. Urban Development Minister S Jaipal Reddy informedthe Lok Sabha in a written reply Wednesday.

"The JBIC is appraising both the proposals," he said.

The Japanese Bank had also provided funds for the first phase of the Delhi Metro project, which is nearing completion.

Reddy also said that Delhi Metro Rail Corporation had requested the Union government to provide Rs 105 crore for payment of cess to the Labour Welfare Department.



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