Japan dedicated to making bullet trains in India reality soon: PM Shinzo Abe


Team Udayavani, Nov 10, 2018, 12:25 PM IST

Fukuoka: Japan is committed to making the ambitious bullet train project in India a reality as soon as possible, Prime Minister Shinzo Abe said on Friday as he lauded his Indian counterpart Narendra Modi’s “deep desire” and efforts to bring high speed railway network to India.

Japan is funding 80 per cent of the Mumbai-Ahmedabad bullet train project through a soft loan of Rs 79,000 crore at an interest rate of 0.1 per cent, with a tenure stretching over 50 years and a moratorium period of 15 years.

“In September last year, I took part in a groundbreaking ceremony for a new high speed rail service in India. I was struck by Prime Minister Narendra Modi’s deep desire to provide inspiration to the people of India and by the Indian people’s high hopes for high speed rail services,” PM Abe said in a video message to a high speed rail association conference being held here.

“The Shinkansen has played an important role in supporting the development of our nation’s economy and the quality of life of our people, and in the near future, we look forward to the Shinkansen crossing the seas and also beginning to speed across the Indian continent. Our government and the related companies are dedicated to making the Indian Shinkansen a reality as soon as possible,” he said.

PM Modi who visited Japan last month reviewed the progress made in the project and the two leaders also signed the Exchange of Notes for yen loan, on the Mumbai-Ahmedabad High Speed Rail project.

The Mumbai-Ahmedabad high speed corridor has been plagued by land acquisition issues, but the National High Speed Rail Corporation which is implementing the project is sticking to the deadline for a 2022 launch of the project in time for India’s 75th Independence Day.

The bullet train between Ahmedabad and Mumbai will run a total length of 508 kilometres, of which 21 kilometres will be covered in the tunnel under sea.

The day when Japanese Shinkansen bullet trains start running between Mumbai and Ahmedabad through cooperation will mark a shining symbol of Japan-india friendship in the future, PM Abe said on October 28, on the day of the two leaders’ summit meeting.

PM Modi visited Japan to attend the 13th India-Japan annual summit.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Wanted to kill Ajmal Kasab who caused so much of pain, recalls 26/11 terror attack victim

Two retired revenue officials among four arrested in land grabbing case in Jammu

Kerala govt to revise manual for junior doctors, house surgeons

State can interfere with religious practices if they impede development, equality rights: SC

Four cheers at MP’s Kuno park; cheetah Neerva gives birth to cub quartet

HC directs Delhi govt to appoint ex-officio members to state mental health authority

‘Challenge after 44 years’: Supreme Court junks pleas against ‘socialist’, ‘secular’ in Preamble

Related Articles More

COP29: India rejects new USD 300 billion climate finance deal

Royal tour of India in offing for King Charles, Queen Camilla: Report

Indian-American leaders applaud PM Modi for inclusive growth in India

COP29: Civil society protests climate finance proposal, calls for ‘no deal’ over ‘bad deal’

Bomb disposal squad tackles ‘security incident’ at UK’s Gatwick Airport

MUST WATCH

Coconut Flower

Prakash Belawadi

Naxal Leader Vikram Gowda

Christmas Cake Fruit Mixing

DK Shivakumar


Latest Additions

Wanted to kill Ajmal Kasab who caused so much of pain, recalls 26/11 terror attack victim

Two retired revenue officials among four arrested in land grabbing case in Jammu

Kerala govt to revise manual for junior doctors, house surgeons

State can interfere with religious practices if they impede development, equality rights: SC

Four cheers at MP’s Kuno park; cheetah Neerva gives birth to cub quartet

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.