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Japan bank Study to Resolve Transport Woes


By sachiv1, Section Transportation
Posted on Thu Feb 15, 2007 at 01:07:35 AM EST

Japan Bank of International Cooperation (JBIC) has set up office at Purta Bhawan in Salt Lake to carry out a year-long study on the long-term solutions to the city's transport problems. It will focus on major projects like east-west metro, light rail transit and interlinking urban transport facilities.

JBIC's renewed interest in city's transport infrastructure development comes as a blessing to the state, which is fiddling with several transport projects but cannot execute those for paucity of funds.

The JBIC move is significant, keeping in view the entry of other international funding and construction agencies. Already, JBIC has expressed disappointment over losing the Raichak-Kukrahati expressway to the Indonesian Salem group. "In the long term, the JBIC fund is most assured, safe and reliable," said a senior Japanese Consulate official. State transport officers said they were looking for suitable space for constructing the JBIC office. "The state government departments will provide required logistical support for conducting the study. At this office, JBIC will analyse transport data and estimate the city's requirement profile," said B K Sadhu, chief traffic and transportation engineer.

"In this age of globalisation, choices are wide and varied. So many players are taking interest in the state's infrastructure development. The state government has long and cordial relations with Japanese firms, especially JBIC, which has become a household name in Kolkata, thanks to four JBICfunded flyovers in the city. The city, in fact, is awaiting much bigger infrastructure projects. Japanese firms, like other global players, are aggressively bidding for these," said a transport official.

Infrastructure remains the weakest link in the state's overall growth. Though the government has drawn up several transport infrastructure plans, none of these could be implemented due to fund constraints.

"Yet the city urgently needs better transport infrastructure keeping in view the explosion in vehicular population in the Kolkata Metropolitan Area," said a transport engineer.

(Source-Times Of India,15/02/07)

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