Prime Minister A. Revanth Reddy left a metropolitan railroad in Tokyo, Japan, Thursday. He leads a Telangana delegation in search of investments.
The Prime Minister of Telangana, A. Revanth Reddy, has sought the assistance of the Japanese International Cooperation Agency (JICA) to assume the second phase of the Rail Metro Project.
The main minister, who with the senior management of Jica in Tokyo in Thorsday, explained that the Telangana government planned to assume phase II of the Metro Railway with an investment of ₹ 24,269 million rupees as a joint business project between state and central governments. The proposal was already under active consideration of the central government. He said that the Telangana government was interested in Jica’s support for the 48% loan component of the project, ascending to ₹ 11,693 million rupees. The state government strictly followed the financing norms of the foreign debt of the Government of India.
The Prime Minister, accompanied by higher officers with the senior vice president of Jica, Shohei Hara and other superior managers, and gave a detailed vision of friendly policies with the investors of the Telangana government, Hyderabad’s attraction as a global investment Bingation and Larrest-Cale and its surroundings. The discussion focused on exploring the possibilities of financial support for flagship urban transformation programs, including Hyderabad Metro Rail II, Musi rejuvenation and radial roads that connect Orr with Regional Ring Road, among others. By explaining his vision of developing the city of Hyderabad along with global cities such as New York and Tokyo, Mr. Revanth Reddy urged Jica’s management to consider financing the Musi rejuvenation project and also radial roads.
Mr. Shohei Hara recalled the long -standing relationship between Jica and Telangana and asked Mr. Revanth Reddy to pursue the Metro Railroad and other eligible projects with the central government for the support of Jica.
Published – April 17, 2025 08:32 PM IST
