Housing Ministry and GIZ ink agreement with GIZ for sustainable transportation
The Union Ministry of Housing and Urban Affairs (MoHUA) has signed an implementation agreement with German firm GIZ GmbH for technical cooperation in implementation of transport projects in Coimbatore, Bhubaneshwar and Kochi. The main objective of these projects are to improve planning and implementation of sustainable urban transport.
Under this agreement, an amount of Euro 4 million (approximately Rs 29 crore) through GIZ will be envisaged for this purpose over a period of three years. The agreement was signed in line with Technical Cooperation enumerated by Government of Germany for Urban Mobility in India during Annual Negotiations and Consultations between India and Germany in 2015 which was later formalised with MoU between two governments encompassing this project. The project will give desired impetus in three major interventions proposed under Smart City Mission of MoHUA viz. ITS-based transport solutions, non-motorised vehicles and last mile connectivity.
Categories: India Current Affairs [Gov. & Politics]