World Bank's Boost for Delhi's Urban Transit Future: A New Collaboration with NCRTC
A World Bank delegation visited the NCRTC office to discuss ongoing and future collaborations in urban transit, focusing on financing the Delhi-Gurugram-SNB RRTS corridor. The partnership aims to secure financial support and leverage global expertise. The collaboration is part of a broader strategy to tackle congestion and pollution in the region.
- Country:
- India
A World Bank delegation recently visited the National Capital Region Transport Corporation (NCRTC) office to deliberate on ongoing and potential future collaborations in urban transit projects.
The discussions primarily centered on financing the Regional Rapid Transit System (RRTS) Delhi-Gurugram-SNB corridor, a key element in addressing the region's congestion and pollution issues.
This collaboration aims to secure financial backing and leverage the World Bank's global expertise, augmenting overall efforts to mobilize additional capital and partners. The World Bank has already conducted four joint missions with the Asian Development Bank, underscoring its dedication to the RRTS project's success.
(With inputs from agencies.)
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