Big Boost planned for Mumbai Infrastructure [Dec 2011]

Big Boost planned for Mumbai Infrastructure
The Government of Maharashtra has decided to invest around US$ 60 billion for infrastructure upgradation in the Mumbai Metropolitan Region over the next twenty years. The first phase costing Rs.1,10,000 crore is expected to be completed by 2016, the second by 2021, and the last phase by 2031, informed state Chief Secretary Ratnakar Gaikwad. The investment, to be part-funded through public-private partnerships, is expected to boost the city’s housing, transport, power and tourism industries, among others, he said. Mumbai Trans-Harbour Sea Link and the Navi Mumbai airport are the parts of this three-phase programme.

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