外文标题：China, Japan among four nations ready to invest in Mumbai sea link project
MUMBAI: A cash strapped Maharashtra government which was struggling to seek investment to execute the Rs. 11,000 crore 22 Km Mumbai Trans-harbour Sea Link from Mumbai to Navi Mumbai has suddenly received a shot in the arm as it has now four countries vying to finance and build the project. While Maharashtra had initially approached Japan International Co-operation Agency (JICA), the Chinese government also evinced interest in financing the project when Chief Minister Devendra Fadnavis visited China in May. State government officials have now told ET that besides Japan and China, UK and Germany are also in touch with the Fadnavis government expressing their willingness to finance the project.
However, all the countries have put forth certain conditions. The UK for instance has put forth a condition that 20 per cent of the project work should be given to firms in the UK, 30 per cent could go to Indian firms and the rest 50 per cent could be given to other firms abroad. Germany on the other hand wants 50 per cent of the project work to go to firms in its country, 30 per cent to Indian firms and the rest to other firms abroad.
Interestingly China has not forth any condition. However, a top state government official said the Chinese are expecting that the entire project work involving the sub contracts should be given to firms from China alone.
UPS Madan, Mumbai Metropolitan Region Development Authority( MMRDA) Commissioner who is executing the project confirmed that four countries have shown interest in the project but said that no decision has been taken on who would be given the project.
BILLO PARDESAN HATES (Ireland)
11,000 Crore is not a very big amount. A lot of Indian Companies Will Be Willing To Do It On BOLT Basis.
Deepesh Sao (Delhi)
Only Japan, nobody else pls. They do business with Ethics else are sophisticated thugs.
If you have to involve overseas partners- then why not go for an international tender- with world bank finance and supervision- usa could be a good partner- followed by japan, south korea, etc- but with 70% of the work to be done by indian sub-contractors- we need money not so much technical assistance- so out L&Ts can do it-
dattuever dattuever (pune)
why cant govt build it taking loan from world bank and give work to all indians,waist ideas to give such huge investment money to abroad.
Seetha Poluri (Unknown)
Entrust this huge sea link project to China????? O My God !!!!!
Never give anything to china as they are the most corrupt people they ate dokhla in Gujarat and were fighting war in India on the border they will stab you from the back not front
In fact china can do the Infra of India.. from north to south , they are competent,equipped, qualified.work hard and NON CORRUPT. They can build roads..bridges..tunnels..under sea channels the works,they are the right people.they dont talk but act. so, better call them and make things happen.
dilip shrishrimal (Mahasamund)
It must go to Japanese, the natural and reliable partner….
Deepesh Sao (Delhi) replies to dilip shrishrimal
Agree !! Only Japan, nobody else pls. They do business with Ethics else are sophisticated thugs.
ANISH U (KOCHI)
india should prefer japan or germany only , becoz only these two countries are reliable