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MoU for skybus

Our Bureau

THIRUVANANTHAPURAM:A me-morandum of understanding for conducting a feasibility study for setting up a `skybus metro' project in Kochi was signed here on Wednesday.

The Kerala Cabinet had earlier approved the signing of the MoU by the State Transport Department with Konkan Railway Corporation and the Bangalore- based Marshals Corporate Group.

The Kerala State Industrial Development Corporationis the nodal agency for the project which will be implemented by MCG in technical association with KRC.

As per the terms of MoU, the entire expenditure for the study and preparation of a detailed project report will be borne by MCG.

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