Japanese agency to lend Rs 4,000 crore for two northeast highway projects

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The Japan International Cooperation Agency (JICA) has pledged a loan for around Rs 4,000 crore for two major highways projects in Mizoram and Meghalaya. The bilateral funding agency approved this loan immediately after Japanese Prime Minister Shinzo Abe visited India last month. These two projects will be implemented by National Highways and Infrastructure Development Corporation (NHIDCL), an entity set up by the government to execute works in hill and border states. The first project in Mizoram is to improve 380km of ...

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Japan embraces India as China looms

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Last week Japan’s Prime Minister Shinzo Abe concluded a visit to India with an armful of key agreements and a solidification of Tokyo’s rapidly maturing relationship with New Delhi. During the summit, Abe and his Indian counterpart, Narendra Modi, agreed to a “special strategic and global partnership” premised on closer cooperation, economically and through stronger bonds on defense and security.

Japan’s approach to Asia ? especially its relationship with India ? has been reinforced by Abe’s hard ...

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