KalingaTV News Network
Ahmedabad: Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe on Thursday jointly laid the foundation stone here for the high-speed bullet train project between Ahmedabad and Mumbai.
The train will cover a distance of over 500 km in around two hours. The project is expected to be completed by 2022. Japan has extended a soft loan of Rs 88, 000 crore at just 0.01% interest for the ambitious project conceptualised by Modi.
The Prime Minister’s office also posted various images of the ground breaking ceremony of Mumbai-Ahmedabad High Speed Rail Project.
— PMO India (@PMOIndia) September 14, 2017
Addressing the occasion, Modi termed the bullet train project as the biggest gift from Japan to India. He called the moment as historic and said the high speed rail corridor will give a new momentum to the development of New India.
“I thank my friend Shinzo Abe, as he took personal interest & assured that there should be no glitches in the bullet train project project”, said Modi. “The project will strengthen the make in India initiative as large number of employment opportunities will be created in the country” he added.
Japan PM Mr Shinzo Abe called this historic moment as confluence of Indian ocean with Pacific Ocean and vow for developing a new world order based on these oceans.
“Indian Human Resource coupled with Japanese skill and technology, India would be manufacturing hub of the world”, Abe said.” I hope to travel in the Bullet train the next time I come to Ahemedabad”.
Both the leaders also laid the foundation stone of High Speed Rail Institute to be set up at Vadodara where Japanese professionals would impart training to Indian engineers regarding the high speed rail project.