Japan and India agree to build joint infrastructure projects in several Asian and African
Japan and India have agreed to cooperate and build joint infrastructure projects in several Asian and African countries, announced Sanjay Kumar Verma, India's ambassador to Japan.
“Today, ties between India and Japan have gone to such a level that both have a role to play in global architecture,” Verma said in an interview, “India and Japan will now be developing several projects in third countries. These will have lesser gestation period and long-term social impact.”
One of the projects includes a port in Colombo, Sri Lanka which will be jointly developed by India, Japan and Sri Lanka.
“Sri Lanka is located on a major maritime route and hence it is imperative to develop another port there. The talks have just begun and final modalities have to be finalised as per the needs of the Sri Lankan government,” Verma said.
Besides this project, there will be several projects built in Myanmar, Bangladesh and other parts of Southeast Asia and Africa.
High Speed Rail to be built in 2022
The recent Indian ambassador to Japan also stated that the under construction high-speed rail will be in operation by the intended deadline of 2022. The high speed bullet train is currently set to cost around $12 billion USD and expected to run a length of 508 kilometres long between Mumbai and Ahmedabad.