News
31 October 2018

JICA preferred over AIIB for Surat metro project financing

Region:
Asia-Pacific

The Japan International Cooperation Agency (JICA) is being preferred over the Asian Infrastructure Investment Bank (AIIB) to fund the Surat metro rail project in the Indian state of Gujarat. A Rs7,620 crore JICA loan has been sought to help finance the project, the cost of which has increased to...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
05 December 2025

Can Brazilian water keep delivering for private capital?

The liberalisation of Brazil’s water sector in 2020 has delivered on its promise of multi-sourced private investment. Will 2026 keep up the momentum?

Perspective
09 December 2025

UK infrastructure’s brownfield obligations

New and complex energy transition assets account for the bulk of UK project finance activity. But the private sector will have to devote more and more attention to financing...