A Yen For The Near East

Outlook News Desk

Updated on: 7 February 2024 7:29 pm

Updated on: 7 February 2024 7:29 pm

Published at: 20 December 1997 12:00 am

A Yen For The Near East

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.

Tags

Click/Scan to Subscribe

qr-code

MOST POPULAR

WATCH

MORE FROM THE AUTHOR

PHOTOS

×