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India, Japan to cooperate in infrastructure sector

New Delhi, Thu, 12 Jan 2012 ANI

New Delhi, Jan 12 (ANI): Takeshi Maeda, Minister for Land, Infrastructure, Transport and Tourism (MLITT), Government of Japan, along with a high level delegation from the Policy Bureau of the MLITT called on Minister of Road Transport and Highways Dr. CP Joshi here on Thursday during which the two sides iscussed bilateral cooperation in infrastructure sector with special reference to road construction

 

The Ministry of Road Transport and Highways is in the process of finalizing a Memorandum of Cooperation (MOC) proposed to be signed with its Japanese counterpart Ministry for Land, Infrastructure, and Transport and Tourism.

 

The proposed MOC will enable Ministry of Road Transport and Highways to exchange technical knowledge and expertise in the Road Transportation and Highways sector including capacity building and advanced technology for roads road transport management system and intelligent transport system.

 

Japanese companies have been participating in National Highways Development Programme (NHDP) of India as "Supervision Consultants". Four projects have already been completed where their performance has been satisfactory.

 

India is also a beneficiary of Japanese cooperation through Japan Bank for International Co-operation (JBIC) and Japan International Cooperation Agency (JICA).

 

Maeda's visit is in the context of a state visit to India by Japanese Prime Minister Yoshihiko Noda, wherein a Joint Statement was issued by both the Prime Ministers, inter-alia recognizing the bilateral co-operation in the infrastructure sector including cooperation in the development of expressways in India and capacity building. (ANI)

 


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