Delhi Metro | Japan government agency JICA keen to fund DMRC’s phase IV project

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New Delhi: JICA is keen to extend its association with the Delhi Metro Rail Corporation (DMRC) beyond the phase III, a senior official of the agency said.

New Delhi: The Chief Representative of Japan International Cooperation Agency (JICA) India office Takema Sakamoto said there is a need for huge capacity expansion in public transportation and the agency is likely to discuss further association with the Delhi Metro.

“For public transportation, we need huge capacity and that is why we are now discussing for the further extension for the Delhi Metro even after the phase III. The DMRC is likely to request for support for the phase IV very soon,” Sakamoto told PTI.

JICA has been supporting DMRC’s metro project since phase I construction in 1997.

“We are now supporting the construction of the phase III of the DMRC and it is targeting completion in 2016 or next year,” he added.

Source//PTI