The Delhi-Mumbai Industrial Corridor project has featured in a list of world’s most innovative and inspiring infrastructure projects by consultancy firm KPMG.
The list showcases 100 examples of great projects that are at different stages of development across the world.
“A profile of Delhi Mumbai Industrial Corridor is now featured in the much-anticipated second edition of the Infrastructure 100: World Cities Edition,” KPMG said in a statement.
“This edition provides insight into infrastructure projects that make great cities,with a particular focus on the innovations that make them ‘Cities of the Future’ – places where people want to live and do business,” it said.
Of the 100 projects identified by the independent regional judging panels,10 were selected by a global judging panel as being the most noteworthy within each project category,which included India project under Global Connectivity head,it said.
The USD 90-billion Delhi-Mumbai Industrial Corridor project is aimed at creating industrial infrastructure along the Delhi-Mumbai Rail Freight Corridor,which is under implementation.
“The World Cities Edition aims to identify the key challenges faced by cities globally and showcases hundred urban infrastructure projects that embody the spirit of innovation and stand as an inspiration to infrastructure participants and city leaders around the world,” said Head,Infrastructure Advisory Group,KPMG India Arvind Mahajan.
The statement said India is expected to witness large scale migration with almost 400 million people expected to move to urban centers in the next few decades.
With existing cities and towns already densely populated,the creation of new cities and neighborhoods will be critical.
Additionally,the burgeoning population of the country requires creation of 300 million new jobs in the next 25 years,it said.
“The Delhi Mumbai Industrial Corridor aims to meet these challenges by creating globally competitive environment and world class infrastructure to activate local commerce,enhance foreign investment,create employment opportunities,enhance exports and attain sustainable development,” it added.
The projects showcased in the Infrastructure 100 are from five regions of the world — Asia Pacific,North America,Latin America,Europe,and the Middle East and Africa.
Projects were sorted under various categories,it said adding Delhi Mumbai Industrial Corridor was highlighted as part of the Global Connectivity alongside,Calgary International Airport (Canada),California High-Speed Rail,USA,Medina Airport,Saudi Arabia and Trans-Sumatra Toll Road,Indonesia among others.
KPMG is a global network of professional firms providing Audit,Tax and Advisory services,operating in 152 countries.