New Delhi, July 4 (ANI): Commerce and Industry Minister Anand Sharma on Wednesday said that the Delhi-Mumbai Industrial Corridor (DMIC) project has huge economic and social importance.
Addressing the consultative committee meeting on the progress made in the DMIC project here, Sharma said: "DMIC is perhaps the most ambitious infrastructure project in the world with estimated investments of over USD 100 billion."
Sharma further said that the project envisaged doubling of employment potential within five years, tripling of industrial output, and quadrupling the exports from the region.
Highlighting that the Japanese government has committed USD 4.5 billion for the first phase of the project, laid across Uttar Pradesh, Haryana, Maharashtra, Gujarat, Madhya Pradesh and Rajasthan, Sharma said that the Indian government has decided to finance the entire trunk infrastructure in these townships while the internal infrastructure would be developed on a PPP model.
Sharing with the members the development that the perspective plan for the entire corridor has been completed, Sharma further said that "detailed environmental impact assessment for all the six cities is in progress and we are aiming to secure pre-clearances to ensure speedy implementation." (ANI)
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