Urban Transport Infrastructure November 2018 Urban Transport Infra November 2018 | Page 59
International News
Memorandum of Undertakings & International Cooperation
Urban Transport
India-France sign Memorandum of Undertaking (MoU) to reduce greenhouse gas
emissions
On 9 th September 2018, Govt. of India and France Government have signed an agreement
under which to provide relief to India for reducing greenhouse gas (GHG) emissions related
to urban transport in Nagpur, Kochi and Ahmedabad and improving the continuous
transport policy at the national level. . The Ministry of Housing and Urban Poverty
Alleviation said in a statement that India and France have signed an agreement to
implement ‘Mobilize Your City’ (MYC) International Program.
Metro & Railways
India-Japan sign Official Development Assistance (ODA) loan agreement worth
Rs.7000 crore for metro and bullet train projects
On 28 th September 2018, Japan International Cooperation Agency (JICA) signed an
agreement with Ministry of Railway, Govt. of India to provide an Official Development
Assistance (ODA) loan of INR 5,500 Crore for Tranche 1 of India’s first High Speed Rail
Mumbai-Ahmedabad Bullet Train project and INR 1,619 crores for Kolkata East-West
Metro Rail Project.
India and Japan sign Memorandum of Cooperation on technology, railways and
urban transport projects
Prime Minister Narendra Modi was in Japan between October 28-29, 2018 for the fifth
bilateral summit with Japanese counterpart Shinzo Abe. During the summit both
countries have signed many Memorandum of Cooperation (MoC) for development and
upgradation of Metro Railways, High Speed Rail, Dedicated Freight Corridor, Maritime
Projects, Transport Infrastructure, Technology etc. in India.
Shipping & Ports
India-Bangladesh sign agreements to strengthen inland water transportation
On 25 th October 2018, Govt. of India and Bangladesh Government signed three bilateral
Memoranda of Understandings to strengthen Inland Water Transportation (Maritime
Relations) with the neighboring country. Both countries have discussed on various issues
pertaining to the protocol arrangements and improvement of inland water
transportation between them in their 19th Standing Committee meeting under ‘Protocol
on Inland Water Transit and Trade’ (PIWTT) held in New Delhi.
Ropeways/Cable Car
WAPCOS and Doppelmayr sign MoU for end-to-end solutions for passenger
ropeway projects
On 5 th November 2018, WAPCOS and Doppelmayr signed an agreement for providing end-
to-end solutions for passenger ropeway projects. WAPCOS is a leading engineering
consultancy organization of the Govt. of India, which has grown into an Indian
multinational with projects in over 45 countries across the world. Doppelmayr, Austria is
the world’s largest ropeway manufacturers with cutting-edge ropeway technologies.
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Urban Transport Infrastructure | November 2018