“Join hands to bring up infrastructure”: MMRDA

“Join hands to bring up infrastructure”
Metropolitan Commissioner Mr.Ratnakar Gaikwad invites investors

Metropolitan Commissioner made a presentation at the World Conference-India to the potential investors

Mumbai, February 6, 2010 – “Join hands to bring up infrastructure in the city of Mumbai and its metropolitan region”, the Metropolitan Commissioner Mr.Ratnakar Gaikwad appealed to all the potential investors during his presentation at the World Conference-India on the subject “The re-making of Mumbai in the sustainable age” at Hotel Renaissance.
Showcasing various projects such as 145 k.m. corridors of Metro Rail, 100 k.m. corridors of Mono Rail, The Iconic Tower, Innovation Park, Rental Housing, Multi-Modal corridor, Funicular Railway at Matheran, Mr.Gaikwad said, “These are the projects which can set the city, its region and the State on the forward path. While Metro and Mono Rails will act capillaries to Mumbai’s transport, the multi-modal corridor will establish a 140 k.m. link between Virar and Alibaug will have eight lanes for the vehicles besides dedicated lanes for the buses with a Metro Rail track right in median of the corridor”.
The Iconic Tower and the Innovation Park are the two projects which will make this city very proud, for sure. The bidding process for the Iconic Tower is complete and the process is expected to begin soon.

The process of establishment of Innovation Park is an arduous task involving many a stakeholder. The MMRDA has already received 10 responses from top global and national brands showing keen interest in developing the Innovation Park, which will boast of global standards and will be Asia’s biggest.

“Funicular railway at Matheran is yet another project which can induce a lot of attraction from the tourists. And the Rental Housing project would provide a great relief to those who come to Mumbai in search of their bread n’ butter. All these projects can take our State on the way forward. In fact, the PPP modal applied for the first two Metro Rail Lines is an ideal example for other states to follow and to emphasize on the fact that big projects need not, any more, linger just for want of funds”, concluded Mr.Gaikwad.

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