Latest news with #JICA
The Hindu
13 hours ago
- Business
- The Hindu
After Revanth meets PM, Hyderabad Metro Rail Phase II awaits Centre's final nod for the JV
There is renewed hope of the Hyderabad Metro Rail Phase II covering 76.4 km spread across five corridors, including extending the existing first phase lines of 69.2 km in the capital region, getting on track at an estimated cost of ₹24,269 crore soon. With Chief Minister A. Revanth Reddy meeting Prime Minister Narendra Modi during the NITI-Aayog conclave and once again seeking his support for next phase recently, senior officials are confident of getting the clearance. The Centre's support is crucial because a joint venture pact with it will enable the Telangana government to access the loan from multilateral agencies like JICA, Japanese International Cooperation Agency, and others, at a nominal interest rate of about 2% with a long repayment period. The Centre's sovereign guarantee cover for such loans will enable States to source funds from foreign funding agencies. This financial model will be unlike the HMR first phase project taken up under the Public, Private Partnership (PPP) — world's largest for Metros — as decided by the then government when nationalised banks issued a loan at 10%, explained senior officials. The Telangana government's share of the Metro rail second phase project of the total cost of ₹24,269 crore is projected to be 30% or ₹7,313 crore, Centre's share will be 18% or ₹4,230 crore and loan will be 48% or ₹11,693 crores with the PPP component being 4% or ₹1,033 crore. Usually, it takes about three months for the project to vetted by the Central ministries for a JV. Though it has been seven months since the State government had submitted the Detailed Project Reports (DPRs) prepared by the Hyderabad Airport Metro Rail (HAML), it is learnt that the Centre had posed a few questions. These are about how the first and second phase Metro rail operations will be intertwined once the latter becomes operational since the first phase was built and is run by a private concessionaire L&T Metro Rail Hyderabad (L&TMRH). There were queries raised about the potential ridership scenario of 8 lakh to 10 lakh passengers a day once the second phase becomes operational. HAML has reportedly stated that the ridership numbers is a 'conservative' estimate considering the growth of city in the last 10 years, and promised to take further traffic studies while stating that the capital region has expanded into the suburbs and beyond including offices, factories, warehouses, etc. It is also pointed out that Bengaluru, Chennai, Nagpur and Pune Metros witnessed riders count doubling once the new lines were added with inter-connectivity varying from 1.5 lakh to 7.5 lakh a day. Incidentally, Chennai Metro Rail Phase Two got Centre's approval in October last year but it took six years though the Tamil Nadu government had started the construction work. Finally, it will be the Prime Minister's Office that will take the call.
See - Sada Elbalad
16-05-2025
- Business
- See - Sada Elbalad
Egypt, Japan Deepen Collaboration Ahead of GEM Opening
Ali abo deshish In preparation for the highly anticipated official opening of the Grand Egyptian Museum (GEM), Egypt's Minister of Tourism and Antiquities, Sherif Fathy, met with Mr. Ebisawa Yu, Head of the Japan International Cooperation Agency (JICA) Office in Egypt, to explore future partnership opportunities. The high-level meeting, held at the museum's premises, focused on strengthening scientific and cultural collaboration, knowledge transfer, and capacity building across heritage preservation and museology. Also in attendance were Dr. Ahmed Ghoneim, CEO of the Grand Egyptian Museum Authority, Mohamed Fahmy, Assistant Minister for Economic Affairs, senior officials from JICA and Japanese museums, and representatives from McKinsey Japan. The discussion centered on positioning the Grand Egyptian Museum not only as the world's largest museum dedicated to ancient Egyptian artefacts but also as a premier regional and international hub for Egyptology research, museum studies, and academic exchange. The meeting emphasized the implementation of a newly signed cooperation agreement between GEM and JICA, aiming to modernize heritage management using cutting-edge technologies and Japanese expertise. The agreement outlines a series of initiatives including advanced training programs for GEM staff and postgraduate students enrolled in heritage conservation programs at the Egypt-Japan University of Science and Technology. These academic tracks have been developed jointly by Egyptian and Japanese experts to elevate the museum's educational and scientific outreach. Further, the meeting explored strategies to support GEM's service management through technical assistance, ensuring a world-class visitor experience while equipping staff with administrative and operational training for future collaboration with service operators. The museum's strategic research vision also seeks to establish GEM as the leading international research center for Egyptology and heritage restoration training. This initiative reflects the broader framework of robust Egyptian-Japanese cooperation in tourism and antiquities. The partnership has already produced several joint archaeological projects and memoranda of understanding. Additionally, Egypt's presence at Japan's annual 'Tourism Expo Japan' and the ongoing 'Ramses and the Gold of the Pharaohs' exhibition in Tokyo underscore a growing cultural footprint that bridges both nations. read more New Tourism Route To Launch in Old Cairo Ahmed El Sakka-Led Play 'Sayidati Al Jamila' to Be Staged in KSA on Dec. 6 Mandy Moore Joins Season 2 of "Dr. Death" Anthology Series Don't Miss These Movies at 44th Cairo Int'l Film Festival Today Amr Diab to Headline KSA's MDLBEAST Soundstorm 2022 Festival Arts & Culture Mai Omar Stuns in Latest Instagram Photos Arts & Culture "The Flash" to End with Season 9 Arts & Culture Ministry of Culture Organizes four day Children's Film Festival Arts & Culture Canadian PM wishes Muslims Eid-al-Adha News Egypt confirms denial of airspace access to US B-52 bombers Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War
Shafaq News
12-05-2025
- Business
- Shafaq News
Basra's stability a magnet: Japan to boost economic engagement
Shafaq News/ Japan is looking to scale up its economic engagement in Iraq's Basra province, Ambassador Akira Endo confirmed on Monday. During a visit to the province, Endo discussed expanding Japanese corporate involvement in key development efforts with Governor Asaad al-Eidani. 'We explored ways to enhance Japanese firms' contributions across strategic sectors,' Endo told Shafaq News. Discussions covered major projects including the al-Hartha desalination plant, oil refining upgrades, power generation, and port expansion, al-Eidani revealed, adding that Endo viewed Basra's security stability as 'key' for attracting long-term investment. Through the Japan International Cooperation Agency (JICA), Tokyo has funded critical projects in Basra, including the Basrah Water Supply Improvement Project.
Time of India
09-05-2025
- Health
- Time of India
Mizoram boosts infra in state-run hosps
1 2 Aizawl: The Mizoram govt has enhanced healthcare infrastructure in state-run hospitals and facilities while implementing the Mizoram Universal Health Care Scheme (MUHCS), through staff recruitment and equipment upgrades, according to state health & family welfare minister Lalrinpuii on a MUHCS implementation performance review meeting, Lalrinpuii confirmed the recruitment of 300 additional nurses and 100 multi task workers. She noted the completed hiring of X-ray and lab technicians, along with a public relations officer. The recruitment of 100 health workers continues, whilst several primary health centres (PHC) and health sub-centres will be developed using NABARD development of a cancer super speciality hospital is progressing swiftly with Japan International Cooperation Agency (JICA) funding, she stated. Additionally, Zoram Medical College & Hospital is establishing 10 new intensive care units (ICUs) alongside a cardiothorasic neurosurgery also mentioned ongoing efforts to establish renal transplant facilities at the Aizawl civil the scheme's launch with cashless facilities on April 1 until Wednesday, the state govt has disbursed over Rs 2.59 crore to various empanelled hospitals under MUHCS for treating 2,943 bills worth Rs. 4.11 crore await payment after scrutiny, while 490 patient treatment bills remain unsettled. Currently, most private and church-operated hospitals remain reluctant to join MUHCS, citing concerns about substantial financial losses.
Zawya
09-05-2025
- Business
- Zawya
Jordan: Crown Prince, JICA president discuss advancing economic, development cooperation
AMMAN — HRH Crown Prince Hussein on Thursday met with Japan International Cooperation Agency (JICA) President Tanaka Akihiko in Tokyo to discuss ways to advance cooperation in economic and development fields. The Crown Prince expressed pride in the deep-rooted partnership between Jordan and Japan, praising JICA's pivotal role in supporting development projects in the Kingdom in a number of vital areas, including the Aqaba-Amman Water Desalination and Conveyance Project, according to a Royal Court statement. The meeting also covered opportunities for cooperation in artificial intelligence projects, advanced skills training, and enhancing digital infrastructure, in line with the objectives of Jordan's National Council for Future Technology. Deputy Prime Minister and Foreign Minister Ayman Safadi, Minister of Planning and International Cooperation Zeina Toukan, and Director of the Office of the Crown Prince Zaid Baqain attended the meeting. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
