East Coast Water Transport Project will be implemented on Build-Operate-and-Transfer mode by the MSRDC.
The multi-million Mumbai makeover is on track. The state budget has fixed a 2014 deadline for the city’s Rs355-crore water transport project, under the World Bank-funded Mumbai Urban Transport Project.
It has set aside another Rs350crore to build creek bridges, roads and flyovers.
After the railway budget allocated the required funds for the makeover of Mumbai Metropolitan Region, the state budget tabled in the state legislature on Monday continued the trend by allocating funds for new flyovers, creek bridges and rail links.
Giving a deadline for the water transport connectivity projects of Mumbai, the budget has said that the projects were expected to be complete by June 2014.
While the East Coast Water Transport Project from Nerul to south Mumbai and further to Mandwa in Raigad district will be implemented on a Build-Operate-and-Transfer mode by the MSRDC, the Nariman Point-Borivli West Coast Water Transport Project with estimated cost of Rs750crore will also be taken up.
Infrastructure development will be undertaken jointly by the state government with the Mumbai Metropolitan Region Development Authority (MMRDA) and City and Industrial Development Corporation (CIDCO). Phase two of the Rs5,300-crore Mumbai Urban Transport Project (MUTP) has got the required state’s allocation of Rs355crore that will continue the rail upgrade projects.
The budget has also allocated Rs350crore of the Rs1,488-crore project which include 11 roads, seven flyovers, three creek bridges and three rail overbridges in Thane and Raigad districts to be spent by the MMRDA in 2012-13.
The budget has also made the necessary outlay for on-going rail projects including connectivity of Konkan Railway from Karad-Chiplun and the much-awaited Pune-Nashik projects.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}