As a matter of fact, Indian Railways invited both, domestic and foreign investors and also those from countries like China, Japan and Korea, to build 400 railway stations in India and that the participation of private sector is imperative to achieve the targets of infrastructure development.
In addition, the ministry is mulling engaging the private sector to build 200 freight terminals over the next few years, the details of which will be worked out shortly. The decision on integrated transport solutions would be made within the next few days. Faster movement of cargo can substantially reduce the cost of transportation, and the ministry is also mulling bringing out guidelines on cargo speed. The rail coach factory in Haryana that was announced a few years ago may now become a reality, as the ministry will expedite the approvals for the project as the state government earmarked a land parcel of 120 acres near Sonepat for the purpose, he claimed.
