Prime Minister Manmohan Singh and Japanese Prime Minister Shinzo Abe today signed this Exchange of Notes here.
Mr Abe reaffirmed that Japan would continue its Official Development Assistance at a substantial level to encourage India's efforts towards social and economic development, including in the area of infrastructure and human resource development.
The two Prime Ministers welcomed the signing of the Exchange of Notes for yen loan totalling 71 billion yen (70 Crore dollar) for the Mumbai Metro Line-III project,as well as the yen
loan of the fiscal year 2012 totalling 353.106 billion yen (3.5 million dollar) for eight projects.
Prime Minister Singh expressed his appreciation to the Government and people of Japan for their continued and unwavering support to India's development.
He appreciated the pledge by Prime Minister Abe for the Campus Development Project of Indian Institute of Technology,
Hyderabad (Phase 2) for 17.7 billion yen and the 'Tamil Nadu Investment Promotion Programme' for 13 billion yen.
The two Prime Ministers, recognising the importance of upgrading the speed of passenger trains on the existing Delhi-Mumbai route to 160-200 kmph (Semi-High Speed Railway system), also welcomed the final report of the feasibility study undertaken with Japan's cooperation, and confirmed that further consultation between the two countries would be continued to draw up a roadmap.
Mr Abe reaffirmed that Japan would continue its Official Development Assistance at a substantial level to encourage India's efforts towards social and economic development, including in the area of infrastructure and human resource development.
The two Prime Ministers welcomed the signing of the Exchange of Notes for yen loan totalling 71 billion yen (70 Crore dollar) for the Mumbai Metro Line-III project,as well as the yen
loan of the fiscal year 2012 totalling 353.106 billion yen (3.5 million dollar) for eight projects.
Prime Minister Singh expressed his appreciation to the Government and people of Japan for their continued and unwavering support to India's development.
He appreciated the pledge by Prime Minister Abe for the Campus Development Project of Indian Institute of Technology,
Hyderabad (Phase 2) for 17.7 billion yen and the 'Tamil Nadu Investment Promotion Programme' for 13 billion yen.
The two Prime Ministers, recognising the importance of upgrading the speed of passenger trains on the existing Delhi-Mumbai route to 160-200 kmph (Semi-High Speed Railway system), also welcomed the final report of the feasibility study undertaken with Japan's cooperation, and confirmed that further consultation between the two countries would be continued to draw up a roadmap.
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