Transport Update

Bangalore Metro project gets Ç110-mn French loan

March 2013
For the Bangalore Metro Rail project phase-1 work, Agence Francaise de Development (AFD), the French development agency of the Government of France, has approved a loan of Ç110 mn. This is a sovereign loan granted by the Government of France to the Government of India. The Government of India negotiated the loan for the Bangalore Metro Rail Project. This is AFD's largest loan so far for transport infrastructure in South Asia.

Contact: Bangalore Metro Rail Corporation.
Tel: 080-2296 9300.
Website: www.bmrc.co.in