Sunday, February 11, 2007

India-Japan ties to chug along freight corridor



This article appeared in the Financial Express on Feb 11th 2007. This is one of the key projects that is being undertaken during this momentous India-Japan Friendship Year. Hopefully one day we can also look forward to the Shinkansen in India and Delhi Bangalore can be covered in 5 hours by rail!!

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NEW DELHI, FEB 10: Work on a proposed project to construct a Mumbai-Delhi and Kolkata-Delhi dedicated freight corridor is set to become the shining centrepiece of the ongoing India-Japan Friendship Year, besides altering the face of rail cargo traffic in the country.


Speaking here on Friday on the occasion of the celebrations of the 40th year of the Japan International Cooperation Agency (JICA) in India, Japanese ambassador in New Delhi Yasukuni Enoki revealed that the outline of the project feasibility study was submitted to Prime Minister Manmohan Singh during his December 2006 Tokyo visit. The genesis of the freight corridor project lies in the joint statement that the prime ministers of India and Japan issued in April 2005. On the cards later this year is the formal signing of a special economic partnership agreement between the two countries.


“I am hopeful that the groundwork on the dedicated freight corridor will get underway this year itself,” Enoki said. “This 2800-km-long rail network will dramatically speed up freight movement from Mumbai and Kolkata to the hinterland in north India.”


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