Loan for Kochi Metro to be cleared by November
RAILWAYS & METRO RAIL

Loan for Kochi Metro to be cleared by November

Kochi Metro Rail Ltd had approached Agence Francaise de Development (AFD), the French Financial Agency for external funding for the rail project and is hopeful that a final commitment on providing loan of around Gé¼180 million by November end. The AFD team held detailed discussions over land acquisition, construction, procurement and financial analysis of the project with KMRL and are satisfied with it.

Contact: Kochi metro rail ltd.
Website: www.kochimetro.org

Kochi Metro Rail Ltd had approached Agence Francaise de Development (AFD), the French Financial Agency for external funding for the rail project and is hopeful that a final commitment on providing loan of around Gé¼180 million by November end. The AFD team held detailed discussions over land acquisition, construction, procurement and financial analysis of the project with KMRL and are satisfied with it. Contact: Kochi metro rail ltd. Website: www.kochimetro.org

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