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The Maharashtra government’s ambitious Rs 46,000-crore Nagpur-Mumbai Super-communication Expressway (also called Samruddhi Corridor) got a positive response from South Korea, which has agreed to enter into business partnership with the state to push mega-infrastructure projects. CM Devendra Fadnavis held a meeting with representatives of the South Korean government to discuss the investments and joint partnership for big infrastructure projects. The meeting was held at Seoul. The delegation led by Fadnavis made a presentation and explained the modalities of the projects.
Describing the meeting as positive, Fadnavis said, “We held a wide range of discussions with Ms Kim Hyunmee, Minister of Land, Infrastructure and Transport.” He added that the South Korean team led by Hyunmee showed keen interest in the Samrudddhi (prosperity) Corridor project. The expressway project will be built in two phases. The first phase will cater to the 706-km eight-lane high-speed road between Nagpur and Mumbai. The second phase includes 25 nodes (townships) that would be taken up simultaneously. The state has claimed that the second phase will boost agro-industrial growth and generate new avenues of employment.
The Maharashtra government and the South Korean team signed an MoU for increased and better cooperation in infrastructure projects, which would include smart cities, roads, airports, metros and water transport. The CM will have a series of discussions with global players during his tour to South Korea and Singapore between September 26 and 29.
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