JICA to consider relaxing minimum procurement norms, speeding up project appraisal

New Delhi: A high level delegation of Japan International Cooperation Agency (JICA) led by its President Shri Shinichi Kitaoka held wide ranging and productive talks with the Minister of Urban Development Shri M.Venkaiah Naidu here today.

Responding to the issues raised by Shri Naidu for further upscaling cooperation, Shri Kitaoka assured that JICA would consider positively the suggestions including sourcing of equipment and rolling stock for metro projects from India in respect of projects financed by it, in consonance with the spirit of Make In India, reducing the time taken for appraisal of projects posed for financing, supporting new metro projects and speeding up the Varnasi Convention Centre Project.

Shri Naidu said that JICA has beena reliable and longstanding partner in infrastructure development in India and would like further upscaling of this cooperation. He said that under Make in India campaign, several foreign and Indian companies have expanded their production bases in India and Japanese companies may be encouraged to do so. He also suggested that the project appraisal time being currently taken by JICA needs to be reduced in the context of growing emphasis on infrastructure development in India.

Seeking speedy execution of the Convention Centre Project in Varanasi for which JICA has agreed to give a grant of Rs.150 cr, Shri Naidu said the Centre could be named as ‘India-Japan Friendship Convention Centre’ in recognition of the time tested and growing cooperation between the two countries.

Responding positively to the suggestion of Shri Naidu, JICA President Shri Kitaoka said; “I have been associated with promotion of India-Japan cooperation for a long time and a friend of India. I met Prime Minister Shri Narendra Modi yesterday and had useful discussions. In the context of Japanese Prime Minister Shinzo Abe emphasizing on infrastructure development in India further to his meeting with Prime Minister Mr.Modi, JICA would be happy to do the needful. We are proud of the impact of New Delhi on pollution mitigation and would be happy to be associated with new such projects as well. Japanese companies would be encouraged to set up their India bases to further Make in India efforts and also to increase procurement from Indian companies.”

Shri Venkaiah Naidu noted that there is significant scope for increased involvement of JICA in Micro Tunneling, Pipe Jacking and Trenchless technology for metro projects, Non-revenue water management, Waste water recycling and reuse, Capacity building and technology transfer, Artificial recharge of acquifers, Integrated Solid Waste Management and Metro projects.

Shri Rajiv Gauba, Secretary(UD) also participated in the 40 minute long discussions on various issues.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.