A Yen For The Near East

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Outlook News Desk
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A Yen For The Near East

A few West Bengal projects now being implemented with Japanese participation:

  •  The Japanese aid agency OECF is setting up an office in Calcutta.
  •  OECF has extended a Rs 1,800 crore loan for the Bakreswar power plant, where a Japanese company is participating.
  •  OECF has approved financing for a proposed Rs 380 crore project to build at least five major flyovers in Calcutta to improve infrastructure.
  •  Mitsubishi is setting up a Rs 1,600 crore PTA plant at Haldia, with 95 per cent equity.
  •  Marubeni will set up a Rs 1,400 crore integrated steel plant.
  •  The Japanese also propose to invest over Rs 800 crore in improving the power distribution network in West Bengal.

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