Economy

Hyderabad Metro, GIFT City in `Strategic 100’ infra projects

V. Rishi Kumar Hyderabad | Updated on December 08, 2012

Hyderabad Metro Rail project has been selected as one of the top 100 strategic global infrastructure projects to be showcased at the forthcoming Global Infrastructure Leadership Forum being held in New York during February-March, 2013.

Apart from the Rs 14,132 crore ($ 2.6 billion) Hyderabad Metro Rail project, two other Indian projects have also figured in this prestigious list: GIFT city (Gujarat International Financial Tech city) costing Rs 72,600 crore ($ 13.2 billion) and Mumbai-Ahmedabad High Speed Rail project costing Rs 60,000 crore ($ 10.89 billion).

"Strategic 100" is a list of the top 100 infrastructure projects selected through a rigorous selection process on the basis of their potential to make significant difference to their cities/region/country in terms of overall performance and competitiveness. The list has been prepared by an American agency after undertaking research of a large number of major infra projects in 66 countries.

Of the 100 projects selected, 8 are from Brazil, 6 from USA, 5 each from Australia, Turkey, Canada and South Africa, 4 each from Saudi Arabia and UAE; 3 each from China, India, Egypt, Kuwait, Russia.

The Washington-based agency has invited N.V.S. Reddy Managing Director, Hyderabad Metro Rail to address the Global Infrastructure Leadership Forum being held in New York.

Expressing happiness over the inclusion of Hyderabad Metro Rail project in the prestigious global list, Andhra Pradesh Chief Minister N. Kiran Kumar Reddy stated that the project would transform Hyderabad into a world class city.

>rishikumar.vundi@thehindu.co.in

Published on December 08, 2012

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