Home Project News Urban Infrastructure News MMRDA woos investors with Rs 1 lakh crore business opportunities in infrastructure

    MMRDA woos investors with Rs 1 lakh crore business opportunities in infrastructure

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    MMRDA woos investors

    MMRDA, which is developing infrastructure projects worth thousands of crores of rupees across the metropolitan region has invited both domestic and foreign investors to invest.

    “We are in a total development mode in Mumbai as also the metropolitan region and have undertaken various infrastructure projects including various metro corridors. There is an investment opportunity worth more than Rs 1 lakh crore,” the body announced during a meeting organised by Philip Capital.

    MMRDA has so far undertaken various mega projects such as Mumbai Trans Harbour Link, multi-modal corridor, transit-oriented development, multi-modal integration including the 14-line 337-km long metro network, among others. So far, MMRDA projects have been funded by federal agencies like World Bank, Asian Development Bank and Japan International Cooperation Agency as they are being implemented on EPC basis. The authority has so far undertaken various mega projects such as Mumbai Trans Harbour Link, multi-modal corridor, transit-oriented development, multi-modal integration including the 14-line 337-kilometre long metro network, among others.

    So far, MMRDA projects have been funded by federal agencies like World Bank, Asian Development Bank and Japan International Cooperation Agency as they are being implemented on engineering, procurement, and construction basis.

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