FDA inks ₹1,700-cr Ahmedabad Metro funding pact

metro
The French Development Agency has inked a pact with Ahmedabad Metro to extend a loan of over ₹1,700 crores for the construction of Phase-II of the mega metro project. This crucial clean mobility project will expand the metro towards Gandhinagar. Ambassador of France had detailed discussions with the Union transport minister on potential collaborations of new technologies for developing world-class infrastructure at optimal cost.

France is India’s top partner to make India’s booming cities greener & more inclusive and they also deliberated on how French funding, companies & expertise together with Indian partners can build the future sustainable city.

In 1998, the two countries entered a strategic Partnership which is emblematic of their convergence of views on a range of international issues apart from a close and growing bilateral relationship. French businesses and industry have forged linkages with the Indian economy and contribute significantly to India’s goal of becoming an Atmanirbhar Bharat.