JICA inks pact for Mumbai-Ahmedabad high speed rail project.

Japanese funding agency JICA has inked a tripartite consultancy pact with Railway Ministry and National High Speed Rail Corporation for the high-speed railway project between Mumbai and Ahmedabad.

JICA promotes smooth implementation of the Mumbai- Ahmedabad High Speed Railway Project by signing the Memorandum for General Consultancy, the funding agency said in a statement.

'The GC is to provide design and bidding assistance for the public works and systems required for the construction of a high-speed railway linking two cities Mumbai and Ahmedabad in India, which was agreed to at the Japan-India Summit Meeting held in December 2015,' JICA said in a statement.

JICA will bear the cost of GC up to 2020 and will contribute to the smooth implementation of the High Speed Railway Project, it said.

The National High Speed Rail Corporation Ltd. (NHSRC), a new agency, in charge of the implementation of the project is a joint-venture between Japan International Consultants for Transportation Co (JIC), Nippon Koei Co and Oriental Consultants Global Co. Ltd.

The joint-venture is tasked to implement the General Consultancy of the project.

ET