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India, Canada signs MoU on infrastructure development

New Delhi, Tue, 12 Jun 2012 ANI

New Delhi, June 12 (ANI): India and Canada on Tuesday signed a Memorandum of Understanding (MoU) in the areas of infrastructure development, operation and maintenance of roads and intelligent transport system.

Union Minister for Road Transport and Highways Dr. C.P. Joshi, who is on an official visit to Canada, signed MoU with his Canadian counterpart Denis Label.

Acknowledging that India has to travel a long distance before coming up with a full intelligent transport system, Joshi emphasized that Canadian expertise in these areas will enable us to achieve the goal through enhanced cooperation, technology transfer and capacity building programmes under the MoU signed between the two nations.

India has shifted focus towards the private-public-partnership mode for undertaking development and up-gradation of national highways network across the country as also development of express-ways which are going to be access-controlled with all modern construction technology, Information Technology, including Electronic Toll Collection System.

It is expected that there would be an increase in involvement and participation from the Canadian industry in India's ambitious National Highways and the Expressways Development Project.

It is sealing a long-standing bilateral relationship and providing for cooperation between the two countries in the roads and road transportation sector. (ANI)


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