MSRDC seeks JICA funding

Maharashtra State Road Development Corporation (MSRDC) is seeking funding assistance from Japan International Cooperation Agency (JICA) for its ambitious Rs 5,975-crore Bandra-Versova sea link project. JICA has been funding major infrastructure projects in the country at lower interest rates. The Japanese lender has funded key projects like the multi-billion dollar Delhi-Mumbai Industrial Corridor (DMIC) and the upcoming Rs 23,136-crore 32.5 km Colaba-Seepz Metro project in the megapolis, and has also expressed readiness to fund the proposed Mumbai TransHarbour Link (MTHL). Contact: MSRDC. Tel: 022-2369 6109. Fax: 022-2368 4943.