Modi, Abe to kick-off bullet train project, Rs 5-lakh cr investments today 


Japanese Prime Minister Shinzo Abe and Prime Minister Narendra Modi will on Thursday participate in the ground breaking ceremony of the Rs 1.08-lakh crore ($17 billion) Ahmedabad-Mumbai bullet train project near the Sabarmati railway station in Ahmedabad.

As reported earlier, while Abe is in Ahmedabad for the foundation stone laying ceremony for India's first high-speed train project - popularly called the bullet train - between Ahmedabad and Mumbai, around 15 MoUs are expected to be signed on September 14 at the Mahatma Mandir in Gandhinagar. Of this, four Japanese corporate giants are expected to sign investment proposals worth Rs 1 lakh crore each. In all, the total investment amount, including SME investments and the bullet train, is expected to cross Rs 5 lakh crore.

Here is Modi and Abe's agenda for Thursday

• On Thursday, Modi and Abe will participate in the ground breaking ceremony of the ambitious Rs 1.08 lakh crore ($17 billion) Ahmedabad-Mumbai high-speed rail project at the Athletic Stadium near the Sabarmati railway station

• Thereafter, they will hold the 12th Annual India-Japan Bilateral Summit in Gandhinagar following which a number of agreements are expected to be signed

• This will be the fourth annual summit between Modi and Abe, where they are expected to review the progress in the multifaceted cooperation between India and Japan under the framework of their Special Strategic and Global Partnership. Japan is one of only two countries with which India has such an annual summit mechanism, the other being Russia

• The two Prime Ministers will also attend an India-Japan Business Leaders Forum
Hugs and road shows

•The Japanese Prime Minister on Wednesday began a two-day visit to India here with a warm hug from his Indian counterpart Narendra Modi, who took him through a road show to Mahatma Gandhi's Sabarmati Ashram and the iconic Sidi Saiyed mosque representing the once syncretic culture of Ahmedabad.

The two leaders took an eight-kilometre journey in an open jeep from the Ahmedabad airport to the serene environs of the Sabarmati Ashram where they along with Japan's First Lady Akie Abe paid floral tributes to a portrait and a bust of Mahatma Gandhi.


Comments

Popular posts from this blog

Siemens to cut 6,900 jobs globally amid shift to renewable energy

Budget 2018: RBI likely to transfer additional funds to govt this fiscal year |