MMRDA, Cidco to jointly develop corridor projects

To speed up the much-delayed Mumbai Trans-Harbour Link (MTHL) and the multi-modal corridor projects, state developmental agencies such as MMRDA and Cidco have decided to join hands. Currently, the Mumbai Metropolitan Region Development Authority (MMRDA) is the nodal agency for implementing the Rs 12,975-crore 126-km Virar-Alibaug Multi-Modal Corridor and the Rs 9,630-crore 22-km MTHL projects. Cidco also has plans to part-finance the MTHL that is awaiting approval from the Japan International Cooperation Agency (JICA).