GS3Economy · S&T · Environment · Security· Infrastructure (energy, ports, roads, railways)· Prelims·
Urban infrastructure and international financing: a GS3 case study on metro expansion and JICA funding.
BMRCL invited Indian and international firms to provide General Consultancy for the 44.65-km Namma Metro Phase 3 project in Bengaluru.
The Namma Metro Phase 3 project consists of Corridor-1 (32.15 km with 22 stations) and Corridor-2 (12.50 km with nine stations). BMRCL applied for a ¥102.48 billion loan from the Japan International Cooperation Agency (JICA) to fund the project.
Which international agency has BMRCL applied to for a ¥102.48 billion loan to fund the Namma Metro Phase 3 project?
Answer: (d) Japan International Cooperation Agency (JICA) — The note states that BMRCL applied for a ¥102.48 billion loan from the Japan International Cooperation Agency (JICA).
Q. Discuss the significance of multi-modal integration and international financing in developing urban metro rail infrastructure in rapidly expanding Indian cities.
Dimensions to cover in your answer
Keywords: Multi-modal integration · Urban infrastructure · JICA funding · Transit-oriented development · Public-Private Partnership
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